...
These new allowance types are highlighted in the example shown below.
...
Benefits
This enhancement supports compliance with requirements for reporting payment of allowances under Under Single Touch Payroll (STP) Phase 2 reporting , whereby there are new types/classifications of allowances that must be itemised for STP reporting purposesallowance payments for tools, tasks and qualifications/certificates must be itemised separately to other allowance types and therefore this enhancement allows you to configure allowance pay codes accordingly in preparation for STP Phase 2 reporting.
| Info |
|---|
STP Phase 2 reporting capability will be added to FastTrack360 in a future release towards the end of 2022. |
For more information about the new allowance types of Tools, Tasks and Qualifications/Certificates, refer to https://www.ato.gov.au/Business/Single-Touch-Payroll/In-detail/Single-Touch-Payroll-Phase-2-employer-reporting-guidelines
...