How much will angelo super balance increase

Reference no: EM133369830

Question: In the current income year, Angelo earned $50,000 in basic wagesfrom a single employer. He also received overtime payments of$10,000 and a reasonable car allowance of $8,000.
His employer only makes the mandatory SG contribution toAngelo's complying super fund.

Required:

1. How much are the employer's super contributions this year andhow much of this is deductible to the employer?

2. By how much will Angelo's super balance increase?

3. If Angelo also made a $5,000 non-concessional personalcontribution, how much will his super balance increase?

4. If Angelo also had a part-time job with another employer andearning a basic salary of $400 per month, how much will thisemployer's SG contribution be to Angelo's account?

Reference no: EM133369830

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