Is Reckon Hosted bringing out update to deal with STP Phase 2 (specifically All Purpose Allowance)s
I contacted Reckon today they could not give me any information on a new roll out.I am still trying to figure out how to deal with all purpose allowances and STP Phase 2. How are we supposed to know how the programe will handle this and what we have to do if it has not yet been rolled out. It seems all agencies involved want to pass the buck .
ATO on their website state
"Many awards include allowances that are added to an employee's hourly rate and are paid 'for all purposes'.In STP Phase 2, you must separately report all-purpose allowances against the relevant allowance type. It's important that these allowances can be identified because they're treated differently in different situations, and not being able to identify them may disadvantage your employee."
So it seems they def have to be seperate but that means a bit of work as the program stands as far as I can see. Some of us might be lucky enough to have a Christmas break which means we only have weeks to go I would love to get this sorted ASAP any info would be appreaciated.
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