Working directors wages - Gross Payments in STP2

[Basketball]

Hi there,

Just need confirmation please that Working directors salary is classified as ATO Gross Payments category for STP2?

Thanks

[gavin12345]

Hi @Basketball 

Best to check this sort of thing with your Accountant or tax adviser. Generally speaking (and this may or may not apply in your situation) a salary (whether paid to a director or any other employee) is assigned to Gross Payments. Directors Fees on the other hand should be assigned to Director's Fees.

The Income Type for a Director (on Taxes tab of Payroll Details on Employee Card) might be Salary and Wages or Closely Held Employee. Again best to check this with your tax adviser.

Regards

Gavin