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Home > Frequently Asked Questions (FAQ) > Pay Types FAQ's > Pay Rates FAQ's > System Default Pay Rates which are considered to be Ordinary Time Earnings (OTE)
System Default Pay Rates which are considered to be Ordinary Time Earnings (OTE)
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🎯 The ATO has provided a list of payments that are ordinary time earnings, which we have pre-defined within the below Pay Types

🎯 Superannuation Liability is now reported separately under Single Touch Payroll Phase 2 as:

L (Super Liability): The total Employer Superannuation Liability, which is presently 11.00% of Ordinary Time Earnings (OTE) 

O (Ordinary Time Earnings): The total Ordinary time earnings (OTE) based on the below list

R (RESC): The total Reportable Employer Superannuation, which is based on Deductions that are considered to be Salary Sacrifice to Superannuation and the Reportable Employer Superannuation Guarantee Contributions (RESC) % or $ in the Payee Master File.

 

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