Exempt Benefit code

[Lesley_Chan]

Hi,

We are a non-profit and religious organisation trying to report Exempt Benefits for our staff under STP2. Before that we do not need to report in STP, but since STP2, now we need to. I've been told for Xero, we just categorise it as "O", but no such category in MYOB. Can anyone help us how to report that correctly? Note: Exempt benefits for our staff are not taxable. Many thanks.

[SamaraM]

Hi @Lesley_Chan 

Sorry to see that no one has offered assistance with your query. As each organisation and employee agreements are unique, we can't tell you which ATO reporting categories you should assign to your payroll categories.

However, I have provided a link to our Help Article which gives a general guide on the reporting categories which may help: Assign ATO reporting categories for Single Touch Payroll reporting.

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

[mholani]

Hi Lesley,

We are in the same situation as you. Did you find a solution for exempt benefits?

Thanks,

Matt.

[SamaraM]

Hi Matt (@mholani)

Welcome to the Community Forum. As previously mentioned on this thread, here is our guide which gives general information on the reporting categories which may help: Assign ATO reporting categories for Single Touch Payroll reporting.

Hope that helps. 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.