RFBA (Section 57A) amounts
Hello,
I contacted support yesterday through MOCA before lodging our section 57A amounts, as I didn't want the amounts to double up on the summary reports - however, I lodged the amounts (as per instructions) and it HAS doubled up on the report, which is incorrect.
This morning I've reversed the lodgement to avoid staff completing their tax with the wrong amounts, but how do I proceed to ensure the correct (grossed up) amounts are included in their final payment summary?
The amout included in the OG payment summary is not the grossed up amount, but the actual amount processed for RFBA (57A)
Hi KelleeN,
To remove the "salary sacrifice - other employee benefits" from the summary, you'll need to check the pay item's ATO reporting category settings. Make sure the pay item isn't mapped as "salary sacrifice - other employee benefits." If it is, switch it to the correct category or set it to non-reportable, depending on what's right for your situation so it’s best to check with your accounting advisor first. You can check this link for the guide. Once done, process a $0 pay update event, this should refresh the STP data and sort it out for you.
Cheers,
Shella
