The following new options have been added to the Allowance Type field on the Rates and Rules > Maintenance > Pay Code > Edit Pay Code field for allowance pay codes that are assigned to the country of Australia:
Tools
Tasks
Qualifications/Certificates.
These new allowance types are highlighted in the example shown below.
This enhancement supports compliance with requirements for reporting payment of allowances under Single Touch Payroll (STP) Phase 2 reporting, whereby there are new types/classifications of allowances that must be itemised for STP reporting purposes.
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
This enhancement enables you to pre-configure allowance pay codes in preparation for STP Phase 2 reporting. However, to avoid STP reporting errors it is important that allowance pay codes with a type of Tools, Tasks and Qualifications/Certificates are not used until STP Phase 2 compatible reporting is available in FastTrack360, which will be available in a future release. |
For more information about configuring allowance pay codes, see Configuring Allowance Pay Codes.