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MatinaPolitis's avatar
MatinaPolitis
User
18 days ago

STP Reporting - Novated Lease deduction

Hi there

 

I have a question about Pre-Tax Novated lease deductions which are set up as "Not reportable" (as per MYOB guidelines) however the employee expects his total gross wages will be reported as (gross wages-pretax deduction) but employee's gross wages are being reported as full amount without pretax deduction.

 

I have done some searching on this community forum and it seems that I should be changing the novated lease deduction STP code to "Other Employee Benefits", which I did, but this didn't reduce the Gross Wages for the 2024 for the employee.

 

Can someone shed some light on how to reduce the gross wages in STP?

 

Thanks

Matina

 

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1 Reply

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  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    15 days ago

    Hi MatinaPolitis

     

    It sounds like you're dealing with a specific setup for Pre-Tax Novated lease deductions in STP reporting. You can check the link here of a Community Forum post that has more information regarding your concern. Feel free to create a post again if you encounter issues in the future.

     

    Best regards,

    Doreen