Removal of SFSS Tax Treatment Option (Payroll Australia Only)

Description

Prior to 1 July 2019 Student Financial Supplement Scheme (SFSS) loans were a separate loan type that was repaid via the PAYG system. After that date, SFSS was merged into a single loan repayment hierarchy known as Study and Training Support Loan (STSL). However, an SFSS field continued to be available on the Payroll > Payee > Payee Entry > PAYG Tax Details screen for backward compatibility and reporting purposes.

In this release, the now obsolete SFSS field has been removed from the PAYG Tax Details and the STSL (exc. SFSS) field has been renamed STSL, as shown on Figure 1 below.

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Figure 1: Payee Entry > PAYG Details screen

These changes have also been made in the Payroll > Payee > Search > Payroll Details screen, as shown in Figure 2 below.

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Figure 2: Payee Search > Payroll Details screen

Benefits

This enhancement consolidates the tax treatment options that are available on the Payee Entry > PAYG Tax Details screen by removing the obsolete SFSS option and prevents the SFSS option from being inadvertently enabled, which in turn prevents tax being calculated incorrectly.

Configuration

No configuration required.