Forum Discussion

Labubu's avatar
Labubu
Contributing Cover User
2 months ago

How to record employee direct payment from WorkCover?

Hi, 

We have employee claim the WorkCover. WorkCover directly pay to employee. How do I record the payment ? Also,how to report to ATO and calculate payroll tax? 

 

Thanks

1 Reply

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator
    2 months ago

    Hi Labubu,

     

    WorkCover can be a bit of a tricky one. Since the payments are being made directly to the employee, there are a few things to consider around how it's recorded, what gets reported to the ATO, and how payroll tax is handled. It can vary a bit depending on your setup, so best to follow the official guide so everything's spot on. I've got just the thing for you. This link walks through it all nice and clearly, step by step: Paying workers' compensation.

     

    Regards,

    Sai