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December - last edited December
December - last edited December
Hi Everyone
The ATO has changed the way salary sacrifice amounts are reported in STP Phase 2:
This means that your STP reports will look different once you've transitioned to Phase 2. Here's an example of the Summary of payments report, the total gross payments is $8387.50 with $300 salary sacrificed:
In Phase 1, Gross payments is reduced by the salary sacrifice amount:
In Phase 2, Gross payments includes the salary sacrifice amount:
More information on this change is available on the ATO website: Reporting the amounts you have paid
If you need further help with this or have any other STP Phase 2 questions please don't hesitate to start a new post.
Cheers,
Tracey
Previously @bungy15
MYOB Community Support
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