Religious

Remuneration of religious ministers and interaction with Single Touch Payroll

Remuneration of religious ministers and interaction with Single Touch Payroll

The ability for ministers of religion to be paid exempt, non-reportable fringe benefits is a very generous concession within the Australian Taxation landscape. This article aims to clarify how exempt, non-reportable fringe benefits work, linking back to standard payroll concepts, which will then make it clear how such payments should be recorded for STP2 purposes.