EOPY - and annual leave loading
Hi I have just processed our last pay for the payroll year and was checking the gross payment amount on the finalisation report (that goes to the ATO). It seems that none of the annual leave loading payments have been included in the gross payment amount. Hence the gross payment for each employee does not include their annual leave loading. I have checked the ATO reporting category for annual leave loading on our MYOB, and it has been assigned "gross payment" category, which I think is correct. Does anyone have an answer why this has happened and how to fix it. Thank you
Hi lek
Thanks for your post. Check if the leave loading payroll category has been ticked exempt from PAYG Withholding as this will exclude it from STP. You will find this in Payroll Categories>>Wages tab>>opening leave loading category>>click on the Exempt button. If it has been ticked exempt from PAYG you will need to untick it then process a $0 pay to update STP.
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.