STP Phase 2 Setting up Contractor with Voluntary withholding agreement
HI, Can you please expand on the particular process we should be following once STP Phase 2 activates with Contractors who have submitted a Voluntary Withholding form to our business (but no super required).
How do we set them up in the Card file (employee card or supplier card)?
If as employee Card:
-What Employment Bases do we use (Labour Hire Or Other (not reportable)?
-What Income Type do we use (Salary and Wages, Labour Hire?)?
-Will there be a place we can enter the ABN and will that be uploaded as part of STP?
Will we still have to report the total income payable amount under the TPAR separately to the STP system? (Clunky, time wasting option MYOB!)
We are currently working with the ATO on the requirements for STP Phase 2 and will be updating our software accordingly. We will provide detailed help articles and Community Forum posts as we get closer to the mandatory Phase 2 date of 1 January 2022.
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