Forum Discussion

GeoffOReilly's avatar
GeoffOReilly
Experienced Cover User
2 years ago

ATO reporting catagory for unused LSL

is "unused leave on termination" the correct ATO Reporting Catagory for unused long service leave paid out on a voluntary termination?

  • Princess_R's avatar
    Princess_R
    MYOB Moderator

    Hi GeoffOReilly 

     

    Thank you for your post. In STP phase 2, there's different ATO reporting categories for each payroll categories. If your not sure which ATO reporting categories to assign to your payments you will need to check with the ATO or your accountant. The Help Article, Assign ATO reporting categories, has detailed information to assist you with this.

     

    Please feel free to post again if you need further assistance.

     

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

     

    Cheers,

    Princess

    • GeoffOReilly's avatar
      GeoffOReilly
      Experienced Cover User

      I had alraedy read the "help" article you referred me to. It does help, because it just refers the "leave" ... it is not clear whether "leave" is just unused annual leave, or also includes long service leave.

      It's a pretty simple question ... someone ought to know, or be able to refer me to a reference that is more specific

      • Princess_R's avatar
        Princess_R
        MYOB Moderator

        Hi GeoffOReilly 

         

        Thank you for your reply. As we're not an accountants we're not permitted to advise which ATO Reporting Category to choose for the Unused Long Service Leave. I would recommend speaking to the ATO or your accountant to ensure you are reporting the payments correctly.

         

        Please feel free to post again I'm happy to assist.

         

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

         

        Cheers,

        Princess