Paying Super for Contractors
Hi Community, We have a contractor for which we are required to pay super for. I have set this contractor up as an employee according to the MYOB guidelines. We processed a zero pay and added t...
Forum Discussion
Hi there IllawarraAnn,
To report contractor payments for Payroll Tax purposes, you don't need to set up the contractor in payroll. Instead, follow the steps below"
- Update Contractor Card: Ensure that on the contractor's card, the "Report Taxable Payments" option is ticked. This will include their payments in the taxable payments report.
- Set Preferences: Go to Setup > Preferences > Reports & Forms tab and select the preference "I Report Taxable Payments Made to Contractors."
You can check this link for more information.
Best regards,
Doreen
Hi Doreen
It is my understanding that updating the contractor card to Report Taxable Payments is to facilitate the reporting to ATO as part of the Taxable payments annual report (TPAR). Not sure how this relates to Payroll Tax?
