Meaning: The organic phenomenon in which one of a pair of alleles present in a genotype is expressed in the phenotype and the other allele of the pair is not. Classified under: Nouns denoting natural phenomena. Hypernyms (dominance is a kind of...): organic phenomenon ((biology) a natural phenomenon involving living plants and animals) Domain category:
1 You only pay 15% tax on super contributions from your employer (or member contributions for which a tax deduction is claimed) of up to $30,000 a year (this is called the concessional contributions cap).2  If youâre 50 or over, however, your cap is $35,000 a year.oney taken out of super. You can withdraw your super tax-free once youâve reached the age of 60 and can access your super. And you can even continue to work and access your super with a Transition to Retirement strategy. Watch our video about the tax benefits of superannuation.
Annual leave payable on termination is not subject to superannuation. As a safe guard, most accounting software requires you to have a superannuation line on every payslip. You may need to work around this to remove the superannuation payment on the leave payout. Simply adjust the percentage of the superannuation to 0%.AYG on leave payouts is not just calculated like a normal pay run would be. The ATO has created a complex formula to calculate the PAYG on unused leave payouts. This PAYG formula is applicable for unused annual leave, leave loading, leave bonuses and long service leave.