Pay Day Super
Hello,
A unique scenario for our business. We run a talent agency representing actors. Our actors are set up as 'employees' in MYOB even though they aren't employees of our business. They are setup as employees as a means for us to issue them with a payslip and pay them their wages which are deposited into our trust bank account.
Scenario:
Our actor is employed by the Seven Network as he works on a TV show. His wages are paid into our trust bank account. We then pay the actor minus our commission (this is how talent agencies run their business). This is why the actors are setup as 'employees' in MYOB which enables us to forward on their wages and issue them with a payslip with a breakdown of the payment etc.
The actors are setup with an Employment Basis: Other Not Reported within MYOB.
With the upcoming requirement for Pay Day Super, will this cause issues for our workflow? The actors are not our employees so we don't pay their super. In the above scenario, Seven Network are the employer and pay the super. Having the employment basis set to Other Not Reported, will we be able to continue processing our actors wages via payroll and not coming across pay day super error messages?
Regards,
MM
