WebAs an organisation, you would use ordinary time earnings (OTE) to calculate the minimum super guarantee contributions for your eligible employees. OTE is what your employees earn for their ordinary hours of work and includes things like commissions, shift loadings and allowances, but not overtime payments. WebFeb 27, 2024 · Allowance – accommodation – domestic, amount does not exceed ATO reasonable amount: Not reported: Allowance – accommodation – domestic, amount exceeds ATO reasonable amount: Domestic or overseas travel allowances and overseas accommodation (allowance type RD) Allowance – accommodation – overseas, for …
Reporting categories for STP Phase 2 – Xero Central
WebLearn about the ATO reporting categories for Single Touch Payroll (STP) Phase 2. Assign an ATO reporting category to each pay item you use. Income types specified for each … WebSep 18, 2024 · Thanks, JodieH. Thanks for getting in touch! As super guarantee is paid for eligible employees ordinary time earnings (OTE), annual/long service leave while employed and paid as a lump sum or while on leave is considered OTE and is referred to in section 32, 67, 235-240 of our ruling SGR 2009/2. Generally, bonuses are considered OTE when a ... induction axiom khan academy
Assign ATO reporting categories for Single Touch Payroll ... - MYOB
WebDec 5, 2024 · Car - Cents per Kilometre (> Approved Rate & > ATO Measure) (S&W & OTE) is applicable when the Payee is entitled to an allowance for business use of their private vehicle which satisfies the vehicle definition test, where they are paid more than the approved rate and have travelled more than 5,000 kilometres. For example, under the ... WebOfficial Pepperstone ATP Rankings of the world's best tennis players, including Novak Djokovic, Rafael Nadal, Roger Federer and Carlos Alcaraz. WebMar 24, 2024 · Ordinary Time Earnings (OTE) is a single touch payroll category defined by the ATO relating to annual payments made to an employees for their ordinary hours of work. It includes a range of payments, including: base salary over-award payments certain bonuses commissions shift-loading certain allowances. induction automotive voltage tester