Travel Allowance
Hi
I have set up a Travel Allowance and it has been put to allowances in the ATO Reporting category, yet it shows as Type - Wages on the payslip. How do I change this?
Forum Discussion
1 Reply
Hi ChristineH1,
Travel allowances usually cozy up under the "Wages" section on a pay slip because they're counted as part of an employee's total earnings. Whether or not they’re taxed, though, depends on things like what the allowance is for and how it’s meant to be used. To make sure you’ve got everything reported and tracked in the right way, it’ll be best to check in with your accountant or financial advisor. For more info, consider checking out this guide.
Cheers,
Princess
