Description
The ATO previously stipulated the following in relation to payments made to Working Holiday Makers (WHMs):
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the ability to make Lump Sum A, Lump Sum B, Lump Sum D and ETP payments at the Termination stage of a pay batch has been re-enabled for payees who are categorised as WHMs
taxable allowances paid to WHMs are once again reported via STP in accordance to the configuration on the allowance pay code (for more information, see Configuration below).
Benefits
This enhancement provides compliance with revised ATO requirements relating to the types of payments that can be made to WHMs.
Configuration
Be aware that if you use the same allowance pay codes to pay allowances to WHMs and regular Individual Non Business Payees, the system will reference the following options on an allowance pay code, as configured in Agency Portal > Rates and Rules > Maintenance > Pay Code, to determine how an allowance will be reported through STP when paid to a WHM:
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For more information about setting up allowance pay codes in FastTrack360, see Configuring Allowance Pay Codes.