3 years ago
Exempt Benefit code
Hi,
We are a non-profit and religious organisation trying to report Exempt Benefits for our staff under STP2. Before that we do not need to report in STP, but since STP2, now we need to. I've been told for Xero, we just categorise it as "O", but no such category in MYOB. Can anyone help us how to report that correctly? Note: Exempt benefits for our staff are not taxable. Many thanks.