11/10/2026
Hello Friends,
Welcome to your October 2026 Rede Newsletter.
We hope that the following and attached information is beneficial to your Business and Personal taxation needs.
Do You Pay Award Transport Payments?
There has been a change to PAYG Withholding and STP reporting for award transport payments from 1 October 2026.
Previously amounts that were paid as Award Transport Payments were treated differently to other payments; they were reported separately on a payment summary and PAYGW was varied to NIL.
As from 1 October 2026 employers must withhold tax from these payments, and the amounts are no longer reported separately on a payment summary.
You should advise your employees to keep records of there work related travel in order to claim a deduction.
There are two methods to update your STP reporting in your payroll system, and further information regarding this is located at the Australian Taxation Office website located here -
https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/single-touch-payroll/in-detail/single-touch-payroll-phase-2-employer-reporting-guidelines/changes-to-award-transport-payments
If you should have any further queries, please do not hesitate to contact us.
Thank you for your continued support and loyalty, we really do appreciate it!
All the best,
Col, Ken, Annette and the Rede Team
“Liability limited by a scheme approved under Professional Standards Legislation “
Read the Full Newsletter here:-
https://redeaccountants.com.au/newsletters/october-2026-newsletter/
PAYG withholding and STP reporting for award transport payments changes from 1 October 2026.