Life Benefit ETP
Hello, I need to record a payrun for an employee who is leaving. According to the ATO, this should be Life Benefit ETP Code O: https://www.ato.gov.au/Rates/Schedule-11---Tax-table-for-employment-termination-payments/?page=7 How do I record this in my MYOB payrun? I don't see Type O as an ATO Reporting Category anywhere. Thanks in advance. Charlie Zeaiter.Solved1.1KViews0likes1Comment
ETP not appearing in the Wages section of Payroll Activity[Summary]
Some of our staff were terminated last financial year, and ETP's were processed for them. Should the ETP component of their final pays show in the Payroll Activity (Summary) Report? My report isn't showing the ETP as part of the overall wages, and I'm not sure if this is correct or not.Solved1KViews0likes2Comments
ETP taxable component is missing from the EOFY finalisation
I followed the steps being posted on this link (https://help.myob.com/wiki/display/ar/Wrong+ETP+values+in+STP+reports#expand-3RecordtheETPagain) however, one of the ETP employees' EOFY finalisation is still missing the ETP taxable component, it only shows the ETP tax withholding, please see below. Can someone please assist with this issue? Thanks.235Views0likes1Comment