Forum Discussion

Ivyliu's avatar
2 months ago

Adjusting Termination Payment Lump Sum Category in MYOB

One issue need help.

Back to FY22, we submitted an redundancy report to the ATO for an employee who has left the company. It turns out there was a mistake with his income categorization in that report. 

 

  1. Paid leave should have been declared under Lump Sum A category rather than grouped together with Salary and wages component. 
  2. Employee termination payment taxable component should have been declared under Lump Sum D. 

We tried to go back and correct it in MYOB, but the system doesn’t allow us to make any changes to past two years submissions.

Could anyone knows how to fix this issue?

Thanks so much!

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator

    Hi Ivyliu,

    Amendments in Single Touch Payroll (STP) can only be made for the previous and current payroll years. It is not possible to amend payroll details for years prior to the previous payroll year through STP. If you need to make changes to payroll data for years before the previous payroll year, you would need to manually amend that through forms from the ATO. For your specific issue, it is best to reach out to the ATO directly.

    Regards,
    Earl