Find all needed information about Protected Earnings Child Support. Below you can see links where you can find everything you want to know about Protected Earnings Child Support.
https://www.humanservices.gov.au/organisations/business/services/child-support/child-support-information-employers/deductions/protected-earnings-amount-when-deducting-child-support
Protected Earnings Amount when deducting child support The Protected Earnings Amount (PEA) is the part of an employee's or contractor’s pay exempt from child support deductions. It means you don’t deduct all of their pay for child support payments.
https://softwaredevelopers.ato.gov.au/DHSPEA
On 1 January each year, the Department of Human Services (DHS) Protected Earnings Amount (PEA) is adjusted to allow for increases in the cost of living. The PEA is a set minimum amount that must be left after tax and child support is deducted from a person's wage. The 2020 PEA amounts applies to pay dates from 1 January 2020.
https://guides.dss.gov.au/child-support-guide/5/2/4
Anna's employer is required to deduct child support of $50 a week. Anna is paid after-tax wages of $406 a week. The protected earnings rate at 1 January 2019 is $372.53. To deduct $50 in child support would leave Anna with less than the protected earnings rate. For that week, Anna's employer can only deduct $33.47 ($406 less $372.53).
https://www.humanservices.gov.au/organisations/business/services/child-support/child-support-information-employers
If you employ a person who is required to pay child support, there are some important things you need to know to meet your obligations under Australian law. Child Support information for employers - Australian Government Department of Human Services
https://www.gov.uk/child-maintenance-for-employers/how-to-calculate-deductions
What you must do by law with a deductions from earnings order (DEO or AEO) to make child maintenance deductions from your employee's pay
https://www.myob.com/nz/blog/protected-net-earnings-what-is-it-and-what-do-you-need-to-know/
This is important when it comes to child support and court fine deductions. Employers can be asked to take child support and court fines out of an employee’s pay cheque, but the absolute maximum you can deduct is 40 percent of their net pay. This leaves the employee with 60 percent of their net earnings – enough to live on.
https://help.myob.com/wiki/display/ace/Protected+Net+Earnings
Jul 22, 2019 · Child Support. Ace Payroll automatically reduces child support payments if they exceed 40% of an employee’s net pay. Attachment orders. Attachment orders are not automatically reduced by Ace Payroll, and need to be manually overridden if they reduce an employee’s Protected Net Earnings.
https://community.myob.com/t5/AccountRight-Idea-Exchange/Payroll-Child-Support-Protected-Earnings/idi-p/158978
It would help if in a future MYOB releave that a standard payroll category deduction was created for Child Support payments which includes the Government stipulated Protected Earnings threhhold. If that happened then the Child Support amount could be entered for each employee and if they earn less...
https://support.infinetcloud.com/display/SUP/Child+Support+and+the+Protected+Earnings+Amount+in+2020
Child Support and the Protected Earnings Amount in 2020. The Protected Earnings Amount (PEA) is the part of an employee’s or contractor’s wages that are exempt from child support deductions. The PEA doesn’t apply to garnishee notices requesting deductions under section 72A of the Child Support (Registration and Collection) Act 1988.
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