WebThe employer may be liable to pay fringe benefits tax (FBT) on the benefits provided in lieu of salary. If the arrangement involves receiving super contributions in lieu of salary or wages, they're classified as employer super contributions and tax is deducted by the super fund. ... Under STP Phase 1, earnings are reported to ATO after ... WebMicrOpay Single Touch Payroll (STP) Phase 2. Be prepared with a comprehensive set of Access MicrOpay ( formerly Sage MicrOpay) resources to streamline your transition to …
Are you ready for STP2? - LinkedIn
WebJul 27, 2024 · Learn more about the key changes and benefits in this STP Phase 2 reporting factsheet. Download an STP Phase 2 employer checklist to prepare for STP Phase 2 reporting. Read these detailed employer STP Phase 2 reporting guidelines of STP Phase 2 reporting. Watch an ATO webinar with practical examples and tips from industry … WebSTP PHASE 2 CHECKLIST Single Touch Payroll (STP) Phase 2 started on 1 January 2024 as mandated by the ATO, however MYOB customers have a deferral in place until 1 … bwi county
What You Need To Know about Single Touch Payroll …
WebFor the ATO Reporting Category (Phase 2), choose Lump Sum E. Choose the Financial Year the lump sum E relates to. For the Type of Wages, select Salary. Click Employee. Choose the employees who were paid a lump sum E payment for the specified financial year and click OK. Click OK to save the new wage category. WebSep 1, 2024 · Single Touch Payroll Phase 2 Employer Reporting Guidelines. ATO Factsheets & Checklists . Employer STP Phase 2 checklist.pdf . STP Phase 2 - What … WebSTP Phase 2 - What isn't changing? While you'll need to report additional information in your STP report, there are many things that will stay the same, such as: the way you … bwi concourse southwest