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 … Web15:02 – paid leave; 38:03 – allowances 1:04:17 – annualised salaries and all-purpose allowances; 1:14:40 – next steps. Employers and tax professionals. The Single Touch Payroll expansion (Phase 2) 7 October 2024. Information on Single Touch Payroll (Phase 2), including: 0:00 – introduction; 5:41 – employment conditions; 9:40 – tax ...
Session 9 ~ MicrOpay STP2 Additions / Deductions
WebOverview. Learn about the ATO reporting categories for Single Touch Payroll (STP) Phase 2. Assign an ATO reporting category to each pay item you use. Income types specified for each employee determine which payments can be processed for them. What you need to know. Assigning ATO reporting categories to pay items. WebDepending on the payment type selected, a payment sub type can be configured if required. In this example, the payment type is paid leave and the sub type is cash out of leave in service. There is an option to exclude payments to the account from OTE. (All STP1 exclude from OTE settings are automatically migrated to the equivalent STP2 setting). tauron taryfa g13
STP Phase 2 Resource Hub Xero AU
WebMar 24, 2024 · You report it separately for Paid Leave, except for Paid Leave - Unused Leave on Termination and Paid Leave - Cash out of leave in service. See your DSP to ask them how to set up your all-purpose allowances in payroll to meet the Fair Work obligations ( Fair Work Regulations 2009 S3.46 ) and ATO STP2 employer guidance to separately report … 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 … 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 ... tauron taryfa g 13