Forum Discussion

JodieWA's avatar
JodieWA
3 years ago

Novated Lease reporting under Gross Payments STP1

We were reporting under STP1 to 30 June 2022.  On our EOY Finalisation (MYOB Advanced) the Gross Payments for staff with novated leases was calculated as Total Gross less Pre-Tax component of novated...
Bridie_M_MYOB's avatar
Bridie_M_MYOB
MYOB Moderator

Hi Jodie, 

Thank you for your post. 

 

I have sent you a private message for additional information 

JodieWA's avatar
JodieWA
3 years ago

Hi Bridie,

 

So because we use MYOB Advanced this forum is not available to us, even though we pay substantial subscription fees to MYOB?

 

Our MYOB partners could not give me a satisfactory answer which is why I posted my query.  All I'm asking for is some clarification because no-one, including the ATO is able to give me that.  Even our Accountant just said "you have to just trust your software".  As you know, software is only as good as how it's been set up, and I have already discovered there were many errors in the STP1 setup which was done by our MYOB partners without any consultation with us.  I'm not convinced they set up the novated lease for STP1 correctly either.

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