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Important notice: Information provided by Deputy is intended for general guidance purposes only and is not a substitute for professional legal or financial advice. Deputy does not accept liability for actions taken based on this information. Employers are responsible for ensuring their employees are paid correctly in line with the applicable award/s, industrial instrument/s and relevant employment agreements. For specific issues or if you are unsure about your employee/s’ entitlements, please consult a legal, financial or employment relations specialist. Deputy does not offer advice on employment law or taxation matters, including payroll specifics. |
If you need to pay directors' fees in a pay run and you require this to report as directors fees in your Single Touch Payroll report, you will need to add an extra earnings payment to the payslip (see ATO Directors' fees).
If the directors' fees are to be paid regularly in every pay run for this person, you should set it up as a recurring extra payment in Payroll settings.
If the directors' fees payment is a one-off payment, you can add it while completing the relevant pay run.
In this example, a one-off directors' fee payment of $5,000 is added to the pay run as an extra payment.
Note:
- The title entered "Director's Fees" will appear on the person's payslip.
- If the Class is selected as Normal this will be treated as ordinary hours. (To better understand the function of each of the classifications, see the Help Centre document on Set up recurring extra earnings such as allowances and bonuses).
- STP category can be selected as Directors Fee (To better understand the function of each of the STP Categories, see the Help Centre document on Set up recurring extra earnings such as allowances and bonuses)