Available for the following plans: Employment Lite, Employment Plus, Employment Unlimited
Available for the following Payroll plans: Standard, Premium, Core Payroll, Unlimited+Payroll
Within your organisation, you may have employees who have recurring tax adjustments that need processing over multiple pay runs. Manually adding these tax adjustments into every pay run is time-consuming, so the Payroll classic platform allows you to automate this process, saving you time when managing your employees.
The Pay Run Inclusions Tax Adjustments feature allows you to set up an automated tax adjustment where you can choose the date the inclusion starts on, when it will expire, and the taxable amount. You can also use this feature to edit any information entered previously and delete a record that is no longer required.
Getting started
Important
The platform will always automatically deduct the STSL based on the employee's earnings. So if their pay is the same every pay run, STSL will be the same each pay. If the employee needs more taken out, you can set this up as a recurring pay run inclusion.
You can create pay run inclusion for extra tax but cannot classify STSL/HECS payment as they all get reported as PAYG to ATO. It is important to note that STSL and PAYG is sent off to the ATO as one amalgamated amount. The STSL column in the pay run is where the automatic STSL calculation will be added, this is following the ATO tax tables.
Any additional tax adjustments, like if you need to take out more for STSL/HECS, will be added to the total PAYG amount. All of this will be reported to the ATO as PAYG.
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs a tax adjustment created.
- Click the Pay Run Inclusions button.
- Click the Add button.
- Complete the following fields:
- Amount.
- Fixed:
- Percentage of gross.
- Percentage of taxable earnings.
- Notes.
- When should this pay run inclusion start:
- Today.
- On the following date.
- When should this pay run inclusion expire:
- Never.
- On the following date.
- After the following amount has been reached.
- Amount.
- Click the Save button.
Maintain
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs a tax adjustment edited.
- Click the Pay Run Inclusions button.
- Click on the employee tax adjustment that needs editing.
- Make the required changes and click the Save button.
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs a tax adjustment deleted.
- Click the Pay Run Inclusions button.
- Click the Delete button.
- Click the OK button.