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The Passport Country field is available for all payees but it is mandatory for payees who have a tax status of Working Holiday Maker.
Benefits
Under Single Touch Payroll (STP) Phase 2 reporting it is mandatory for an employer to report the country that issued a Working Holiday Maker (WHM) the passport on which the WHM entered Australia to work. This informs the ATO if the WHM may qualify for Australian tax residency due to any applicable tax treaties with the WHMs country of origin and therefore if the WHM may be eligible for a tax refund at the end of a financial year.
Therefore, this enhancement allows you to configure Payee records for WHMs accordingly in preparation for STP Phase 2 reporting, which .
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STP Phase 2 reporting capability will be |
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added to FastTrack360 |
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in a future release towards the end of 2022. |
Configuration
On upgrade the Passport Country field defaults to blank for all existing payees. If you employ WHM you will need to select the relevant passport country for each WHM payee (where tax status is Working Holiday Maker) as soon as your system has been upgraded. You will be unable to save changes to WHM Payee records after upgrading until you select a passport country.
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