WebJun 20, 2024 · Hi @kphil. The ATO have addressed this issue explicitly in their STP2 webinar series. It's the second from the top that covers salary sacrifice and at the 16:40 min mark … WebWhat is Single Touch Payroll Phase 2? In the 2024–20 Budget, the government announced that Single Touch Payroll (STP) would be expanded to include additional information. The …
STP 2 all purpose allowance ATO Community
WebTo enter Pay Wages: Navigate to the Transactions menu > Employees > Pay Wage. Ensure the Pay Types Leave is added and the account is set to Leave: Annual Leave (Trading) as pictured. The Pay Types is shown below: 3. Enter the Annual Leave amount in the Annual Leave column. STP2 - The amount of annual leave will be included in the PAYG and Super ... WebJan 17, 2024 · In the 2024–20 Budget, the Government announced that Single Touch Payroll (STP) would be expanded to include additional information. Under Single Touch Payroll Phase 2, the Australian Government will require all employers to report additional information through STP on or before each payday. This information will include details … chief justice kerala high court
Implementing purchased leave arrangements
WebWork you can be doing now before the May software release, covering Company Details, Award Payments, Allowances, Leave, Miscellaneous Loadings, Unions and changes to employee configuration. Exploring ATO STP2 examples and how they might be configured in the STP2 wizard or elsewhere in the system. Creation of new Allowances if required. WebPurchased Leave deduction, what STP2 group it would be? It will depend on whether the leave is purchased under an annualised salary arrangement, salary sacrifice arrangement or is an after-tax deduction., e.g. if an after tax deduction it is unlikely that you will need to report it via STP2, while amounts associated with salary sacrifice WebSTP Phase 2. Allowance – accommodation – domestic, amount does not exceed ATO reasonable amount. Not reported. Allowance – accommodation – domestic, amount … ATO Community is here to help make tax and super easier. Ask questions, share y… gospel song he made a way