FastTrack360 Version 12 Online Help

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Description

A new field grouping labelled STP Reporting has been added to the Rates and Rules > Maintenance > Pay Code > Pay Code Maintenance > Pay Code Entry screen for allowance pay codes that are assigned to the country of Australia and where the tax type is Non-Taxable.

Benefits

This enhancement allows payment of non-taxable allowances to be reported to the ATO via STP reporting. This allows your business to comply with statutory requirements for reporting of allowances such as award transport payments that are deductible transport expenses, which are not taxable but are still required to be reported to the ATO.

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