Income Type - LAB

Tinus van Vuuren
Tinus van Vuuren Member Posts: 7

Hi, we are trying to work through setting up our employees for the STP -2 requirements by following the wizard. We are a Recruitment company with most of our staff being contracted to third party clients via labour hire agreements. How do we get to select LAB as an income type when working through the wizard, as it does not appear on the drop-down selections?


  • Acctd4
    Acctd4 Accredited Partner Posts: 3,176 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hi Tinus

    The STP2 Income Types are not related to the old payment summary types - Labour Hire is not one of the ATO's new categories so from that list, it sounds like yours would still just be SAW - Salary & Wages

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner(AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

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    Ballajura, WA

    [email protected]

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Tinus van Vuuren
    Tinus van Vuuren Member Posts: 7

    Excellent, thank you Shaz