The Income Stream is a new mandatory reporting field as per ATO specifications that has become available since the release of Attaché version 23.1.
Locating and assigning values for the Income Stream field
You can find the new field in Payroll, Masterfiles, Employee Details, Maintain, Tax tab.
By default, for current NON-Working Holiday or Seasonal workers, the value of the Income Stream field goes through to STP2 as SAW = Salary and Wages.
For Working Holiday Makers and Seasonal workers, See: STP2 Changes for Working Holiday Makers and Setting up a Seasonal Worker.
For employees that currently have this field as blank in their Employee Masterfile, the field will continue to populate in STP2 batches as value SAW = Salary and Wages.
If an item on the Tax tab is updated (i.e. the Tax Scale) the message "Warning - Income Stream code is not valid for he selected Tax Certificate Category" will display.
Click OK and then assign a value in the Income Stream field.
Click Accept (F9) to save the change.
Income Stream field values
See the values as per the table below
Tax Certificate Category | Income Stream's Reported in STP2 |
H= Working Holiday Maker | WHM= Working Holiday Maker (Default) |
L= Labour Hire | LAB= Labour Hire (Default) |
N= Individual Non-Business | SAW= Salary and Wages (Default) |
O= Other Specified Payments | OSP= Other Specified Payments (Default) |
P= Personal Services | OSP= Other Specified Payments (Default) |
V= Voluntary Agreement | VOL= Voluntary Agreement (Default) |
Impact of new Income Stream field on Keystroke File Import
Note: If you use Keystroke File Import (KFI), the new Income Stream field will affect KFI data imports to the Employee Masterfile, and you will need to modify the KFI import file.
If you need help in modifying your KFI Employee Masterfile data import, Create a Case to escalate to an Attache Consultant.