Payroll - Directors Fee
Hi
I haven't paid the directors fee via payroll and I would like to find out how to set up the directors fee and process it via STP 2.
The director's fee needs to be paid Quarterly.
Thanks in Advance.
Hi Ruwani
Thanks for your post. You would need to set up the director as an employee, create a payroll category for director fees and process payroll as normal. In STP Phase 2 there is a new ATO reporting category, Director's fees, payments assigned this reporting category will be reported to the ATO as director fees.
Assign ATO reporting categories
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.
