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23 votes
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Sonia Partridge
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17 votes
An error occurred while saving the comment Sonia Partridge
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Hi Xero
Tax commissions paid using the regular PAYG tax table is extremely critical for my business when completing weekly payruns.
I have 20 employees that receive bonuses and commissions of different amounts each week and currently I need to complete a manual adjustment for each and every employee!
Under the ATO ruling, if Bonuses and commissions are paid on a weekly basis, as they are with our business, then they need to be taxed using PAYG tables, not Schedule 5.
By having to manual adjust each pay each and every week is extremely time consuming and extremely frustrating.
Is it possible when setting up our bonuses and commissions under STP2 that we have a choice (box to tick) of whether they are to be taxed using PAYG method or Schedule 5?
It would be very much appreciated if you can find a solution for this issue asap.
Sonia Partridge
supported this idea
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All payroll reports need to show the dates of the pay week payments belong to - eg Pay Date 31/08/23 - the period this payment is for needs to be shown (pay period 24/08/2023 to 30/08/2023)
We employ Apprentices and do receive some Government funding for our apprentices. The government agencies require to see the pay week payments relate to. Without this, we don't receive funding. MYOB can show pay week dates along with payment dates on all their payroll reports.