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Legislative Update for PeopleSoft HCM Global Payroll Australia

The Australian Treasury Office (ATO) has released a new Electronic Reporting Specification for Tax file number (TFN) declaration, Version 4.0.0. There are changes proposed to data records, values and certain definitions. In addition to this, Queensland Government has announced Payroll Tax changes in the Budget presented on 11th of June 2019. Both these changes are effective 1st July 2019. Our Position Statement has been revised to include these legislative updates. The Position Statement can be found on My Oracle Support, Document ID 2490264.1. We advise our customers to review the position statement to keep up-to-date.

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