STP Phase 2 Payroll category - Time in Lieu
- 2 years ago
Hi Anewbee
Thanks for your post. The Time in lieu - Earned payroll category accrues the hours owed to the employee. As the employee is not being paid for the accrued hours no dollar value is recorded. The Time in lieu - Taken payroll category is used when the employee takes time in lieu. As they are being paid for those time in lieu hours a dollar value is recorded.
We're not able to advise on the ATO reporting category to assign to payroll categories. You do need to follow the ATO guidelines for this: Reporting the amounts you have paid. If you're not sure about an ATO reporting category we do recommend checking with the ATO or your accountant.
Please let me know if you need further help.
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