Deduction Pay Item
A decution pay item can be used to capture Payroll Deduction for your employees. Some examples might include:
- Union Fees
- Disability and Accident Insurance
- Pension / Salary Sacrifice
- Voluntary deductions (e.g. employer loan repayments)
- Health Insurance
These may be deductible or non-deductible for tax calculation purposes depending on your specific circumstances.
You can find specific examples in the Payroll Deductions help note.