Summary

Note: These settings are for Australia only. If you use internal companies, then enter these values in an Internal Companies record, not on this tab page.

Use this tab to define ATO (Australian Tax Office) and fringe benefit information for your company.

Fields

Australian Business Number (ABN):

Unique Australian Business Number assigned by the ATO.

Note: If you use internal companies, then you must use a different ABN for each internal company.

Australian Company Number (ACN):

This unique nine-digit identifying number is assigned when you register with the Australian Securities and Investments Commission.

Default normal gross earnings calculation:

This field determines the default definition of normal gross earnings for all employees. You use this value on the employee's Pay Header form. You can select from the following options:

• LF. Last full pay
  On the employee's Pay Header form, select the pay sequence that was the employee's last full pay. The Normal gross amount is the employee's Normal Gross value for that pay sequence.
• AV. Average gross earnings
  PayGlobal divides the employee's total gross taxable earnings in the current tax year by their number of pays. The result is the employee's Normal gross amount.
• OV. Override normal gross
  On the employee's Pay Header form, you can type the required value in the Normal gross amount field.

FB employer type:

This field determines the capping thresholds that are applied to employees. The capping threshold is determined by the type of fringe benefit exemptions and rebates that the employer is entitled to. You can select from the following options:

• None (default)

  PayGlobal will not apply capping thresholds or display fringe benefit fields or tables, including fields in internal companies. However, PayGlobal displays Period Fringe Benefit YTD for all FB employer type values.

• PBI - Public Benevolent Institution (not hospitals), or health promotion charity.
• HOSP - Public and non-profit hospitals and public ambulance services.
• REB - Rebatable employers.

Override annual cap test:

Used only for fringe benefit split calculation. Enabled when FB employer type = PBI, HOSP or REB. You can use this Yes/No field to override the Employees | Fringe Benefit tab | Ignore PBI annual cap test until value.

• No (default) - PayGlobal sets the Ignore PBI annual cap test until field to Null, and disables it.
• Yes - You can use the Ignore PBI annual cap test until field to 'turn off’ the annual cap test for a pay period or consecutive pay periods. You would normally turn off this test for employees who started employment part way through the FBT (Fringe Benefit Tax) year and want to use their annual exemption benefit for the remaining pay periods.

  Note: The following fields allow you to direct credit employee PAYG income tax amounts to the ATO through the PGPRPRIM002 - Direct Credit Schedule or the PGPRPRIM002S - Superannuation Direct Credit Schedule.

Direct credit income tax:

Yes/No field that determines whether the company direct credits employee PAYG income tax amounts to the ATO. Default value is "No". Select "Yes" to enable the following fields.

Electronic funds transfer code:

This field is not mandatory, but if you leave it blank, then direct crediting will not occur at company level. If you enter a number, then PayGlobal checks it with the ATO modulus 97 check digit validation rules. The value must contain numbers only (no spaces) and be at least 11 digits long.

Income tax direct credit account name:

Default value is "ATO Direct Credit Account". Mandatory field when Direct credit income tax = "Yes".

Income tax direct credit account:

Default value is "093 003 316385". Mandatory field when Direct credit income tax = "Yes".

STP start date for this ABN:

The date the Payer identified in Company Settings and those with the same ABN and ATO Branch number in Internal Companies began reporting via STP.

Note: In STP v4 all Payers must be now be identified via an Internal Companies record. The Company Settings Payer is no longer used due to performance issues.

Get SID:

Provides an SID (Software Identifier) to send to the ATO to validate the companys' payroll data submissions are coming from an authorised software service provider.

Note: Providing an SID only needs to be done once per payer (as defined by the ABN and Branch number)

STP Intermediary:

If an intermediary organisation is submitting Single Touch Payroll pay and finalisation data on behalf of the main company, then select the intermediary that will be carrying out this action.

IMPORTANT: Only complete the linking of these two entities if the Intermediary is a Tax Agent. Intermediaries who are Economic Groups are not supported as Intermediaries for STP v2 2017

STP payer signatory:

If an intermediary organisation is submitting Single Touch Payroll pay and finalisation data on behalf of the main company, then the contents of this field will represent the company contact who has authorised the intermediary to submit the data.

See also

Modify Company Settings