Taxation Administration - Single Touch Payroll - 2020-21 year Portable Long Service Leave and Portable Redundancy Scheme Providers Exemption 2020 instrument
Reference: STP 2020/1
Document type: Legislative Instrument
Enabling act: Taxation Administration Act 1953
Date of issue: 12 June 2020
Signatory: Louise Clarke Deputy Commissioner of Taxation Policy, Analysis and Legislation Law Design and Practice
Registration number: F2020L00800
Registration date: 26 June 2020


1. Name of instrument: This is the Taxation Administration - Single Touch Payroll - 2020-21 year Portable Long Service Leave and Portable Redundancy Scheme Providers Exemption 2020 instrument. | 2. Commencement: This instrument commences on 1 July 2020. | 3. Application: This instrument applies to entities that administer a Portable Long Service Leave scheme or Portable Redundancy scheme and make payments to members of the scheme. | 4. Determination: An entity that is an administrator of a Portable Long Service Leave scheme or Portable Redundancy scheme, and would otherwise have obligations under section 389-5 of Schedule 1 to the Taxation Administration Act 1953 to report in respect of payments made to members of the scheme is exempt from those reporting obligations for the 2020-21 financial year. | 5. Definitions: In this determination, the terms 'Portable Long Service Leave scheme' and 'Portable Redundancy scheme' refer to those schemes in which an employee's entitlements to receive payment in respect of long service leave and redundancy (respectively) are accrued over a period of time without reference to a specific employer - although generally each employer will have made contributions into the scheme.