PAYG W1 Income & ATO Prefilled amounts do not match
I'm preparing our July IAS and have come across a difference with the amount prefilled in W1 on the ATO portal and the amount I calculate from my figures in RA. The difference is identical to the Fares and Travel allowance amount paid to our employees.
Up to now I have been using the Withholding for Allowances information from the ATO, which states that for "Award transport payments that are deductible transport expenses - these should not be included in gross payment and not included in PAYGW for gross income type".
With STP2, I mapped the allowance to "Transport - Payments for the cost of transport for business related travel not traceable to a historical award in force on 29 October 1986. Which is Other allowances (OD with the description T1)."
In my payroll item setup, it all appears correct. There is no PAYG ticked. When I lodge my STP reporting file all the figures seem correct. As before the implementation of STP2, the F&T amount was included in the total STP figure, but then separated as an allowance in the details area of the portal.
So now I'm not sure if what I have been doing in the past should continue, and I need to change the ATO pre-filled figure at W1 every time I lodge a IAS or BAS; or things have changed and I should include the F&T allowance in W1. There doesn't appear to be any updated Withholding for Allowances information on the ATO website.
Can anyone confirm what is correct? Thanks
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