debbieg
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Re: Deceased employee payment to beneficiary
Can't thank you enough, not only for the clarification but for answering so promptly. I had read a link from the ATO, but wasn't as informative as this link, and I feel confident now. So also a huge help. Much appreciated. This one has been weighing heavily and I can now finalise for the family. Many many thanks.9Views1like0CommentsDeceased employee payment to beneficiary
Death of an employee, current. Have read ATO info, and had accountants assistance. However still unclear to me how to process via Myob or not process via Myob? The total amount owing to the deceased employee is less that $260k (ETP Cap 2025-26) so am I correct in assuming this is not an ETP, but an untaxable amount to be paid?? This will be paid directly to the beneficiary. One legal article notes "Outstanding wages, allowances, etc payable on the death of an employee are not reported via Payroll, so not reported via STP". Is this correct? Also notes that a prepared statement showing the break-up for the amounts payable may be made available to the recipient- estate, executor, or trustee or beneficiary. This statement is completed & ready to give to the beneficiary. However a separate Myob article indicates that it is processed via STP, using D for death for employment basis & DBXXXX for tax treatment code. Says set up the beneficiary as a new payee in payroll, using TFN,DOB. However the beneficiary is already on our payroll as is the husband of the deceased. So I am confused as to what is the correct legal way to process. I've been trying to get ATO on the phone with no luck. I very much need clarification of this very sad question. Thanks Debbie GSolved26Views0likes2CommentsRe: stp
Thank you! Now i understand how it works. I actually thought if you didn't send it becuase you didn't want it included, that it was safely left out of payrun. Fortunately this NOT SENT pay did need to be included. And is why my figues for the employee and for YTD balance. Thanks heaps to all for replies.161Views0likes1Commentstp
In addition - I added all the STP payroll figures for that day (as was a multiple weeks pay for xmas shutdown) and Myob payroll activity report is different for this date to the actual pays sent. In summary the STP pays sent is less thant the Myob activity on this date, by this pay amount, NOT SENT. So if i send it now, does it change the figures for this employee, and hence for my YTD figures, which stands picture perfect at this current date. thanks.Solved159Views0likes1Commentstp
Is a NOT SENT pay in STP Reporting already calculated in the GROSS and Tax in the reporting figures?? I cannot work out why i didn't send it at the time. My YTD figures balance with the STP figures perfectly. So was thinking i must have included this pay in another, but cannot find it. The employee's YTD pay figures match exactly. So my dilemma is if i send it now, will it be added into the STP figures again, which then would make my figures not balance. Just trying to understand how the total figures work in the STP. thank you.Solved205Views0likes4Commentsemployee paid by us and workcover
Hi- we paid employee and work cover commenced, so he's also paid by them. W/Cover instructed me to recover our pay from him. Gross pay $624- Tax -$63 Nett pay $561- . I unfortunately asked him for the Gross $624-(he was not happy) Please confirm that it is the Nett of $561- that I request from him. And please advise how to process this in Myob. Do i create a negative pay and send to ATO (we are on STP 2)? And will this fix his payroll amounts for his Payment Summary? And fix my payroll figures? My alternative would be to have him keep the pay and on his return not pay him for an equivalent week. hoping you can clarify for me, and thanks. debbiegSolved331Views0likes1Commentpayroll
I've read the posts on paying employee's accumulated annual leave directly into their super. I've also discussed with accountant. But still uncertain how to do this. He said make it a salary sacrifice. Employee wants it paid direct to her super. Are there tax problems with this? If i don't pay it through wages as normal, then i assume i'd have to manually take it off her annual leave? That part's easy. Now e.g. Gross for 2weeks pay is $2500.40. Tax is $558- Nett is $1942.40. So if i set up and use salary sacrifice - do i pay the gross or nett to her super? And how is tax taken care of in the transaction? I'm sure there's something i'm just not seeing, and I appreciate any help. But i would ask that if you know how this is done, then please advise in detail. My trial and error- I'm thinking i do a pay with her hol hours - gives gross figure, -i set up the salary sacrifice as the Nett figure which will allow the tax to come off (so accounted for) and the pay is Zero. Am i on the right track? And she would get normal SCG and accruals on this pay i'm thinking. Hoping someone can help. many ThksSolved350Views0likes1CommentPayslip Rdo entitlement not showing since new payroll year?
This has only happened to a few staff. I have manually taken out their 2hrs accrual, as when they have not worked enough hours. Is the overriding of the accrual the problem? Has only happened since 1/7/23. ThanksSolved460Views0likes3Comments- 584Views2likes0Comments