STP Phase 2 Overtime Allowance

Sue Kemp

Hi I apologies in advance for this question. I have just updated to STP Phase 2 and created new items for Allowances to be included in pays. My question relates to overtime and holiday pay including these allowances. Do I need to manually adjust the allowance rate to include OT rate and how do include the allowances to calculate the 17.5% loading. Seriously need a drink after my first pay run!!!

Acctd4

Hi Sue

This is currently something that is under strong debate - The ATO & FW website info contains some contradictions in their advice on how these must be treated, stating in most cases, they MUST be disaggregated.

HOWEVER ... our industry expert Matthew Addison from ICB - who is on the board with the ATO for STP2 - has advised that it is only required IF the software can accommodate it & is NOT required where an all-inclusive amount is stated in the Award or Contract.

Matthew has asked the ATO for this information to be more transparent & publicly available so we are currently awaiting updates on this.

So ... I am not splitting them at this stage as in the case of hourly ones, it throws out the hours worked total (eg "the software is unable to accommodate it")