Feb 06, 2025
Salary Sacrifice (to Workplace Giving)
🎯 The reporting of payments for Salary Sacrifice (to Workplace Giving) are now included per the Australian Taxation Office Single Touch Payroll Phase 2 guidance. Salary Sacrifice (to Workplace Giving) is reported separately under Salary Sacrifice Type Code = O.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Salary Sacrifice (to Workplace Giving) is applicable when you have established a workplace giving program in accordance with ATO guidelines and have chosen to reduce the amount of PAYG withholding. Please visit the ATO's Website to learn more about Workplace giving programs.
Payments with this Deduction use the $ (or % of Rate Per Hour) set within the Deduction and Leave Entitlements are not applicable. These payments are considered W1 (Total of Salary, Wages & other payments) and Taxable, however they ae not OTE (SGAA).