JANELLE
2 years agoExperienced Cover User
H.E.L.P. SETUP
Hi,
I have been told by accountant that HELP deductions should not be set up as a deduction but as a tax so that the ATO can allocate to the correct person.
Issue is that under the Taxes heading in Payroll Categories you cannot add anything else as the "New" tab is greyed out.
Can you please advise on this how I get this into taxes to be paid to ATO so it can be allocated to the correct person.
Also how do I have the deduction already made reversed from deduction to tax to that the ATO recognises.
Payments have always been made i.e: Monthly PAYG is $4,000 with HELP of $400 so $4,400 is payd to ATO, but it appears the $400 is sitting in limbo. THese figures are fictitious for this.
Many thanks
Janelle