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kev7
Level 1
posted
‎March 11, 2021 01:14 PM
last updated ‎March 10, 2021 6:14 PM

Can anyone tell me how STSL and HELP deductions are calculated in a pay run please?

 
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1 Comment 1
Kristian_S
QuickBooks Team
QuickBooks Team
‎March 11, 2021 04:06 PM

Can anyone tell me how STSL and HELP deductions are calculated in a pay run please?

Hi kev7,

 

STSL in Payroll Powered By KeyPay is a consolidation of all loans provided by the government to people undertaking higher education, trade apprenticeships and other training programs, such as HELP/SSL/TSL/SFSS.

 

To find out more about how STSL is calculated in the pay run, see this article here - https://support.yourpayroll.com.au/hc/en-au/articles/360000328095-How-is-STSL-calculated-in-the-pay-...

 

For more information about STSL and what it encompasses I would recommend visiting the ATO's own website here - https://www.ato.gov.au/individuals/study-and-training-support-loans/

 

I hope I have pointed you in the right direction, feel free to reach out to us again if you needed any further assistance.

 

Kristian. 

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