Does Rent Allowance need to be shown as a separate allowance for STP2?

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rabrro
rabrro Member Posts: 16 ✭
in Accounts Hosted

Currently rent allowance is included in the monthly salary figure. With STP2, will it need to be shown separately, and if so, under which allowance? I have looked and cannot find one that would suit putting it under.

Also, for a telephone allowance paid each month, which is currently shown separately as an allowance, which allowance this should go under for STP 2?

Thank you

Rachel

Answers

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,426 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Hi Rachel

    STP2 functionality is not yet available in RA/RAH so at the moment, nothing changes.

    Once STP2 is released (this is due mid-June), there will be additional specific categories for Allowances & Deductions. At this stage, we don't know yet if there will be one for Rent. I don't believe there is - as this should be coming out of net pay - but there's definitely one for Telephone 😊

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

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