Protected Earnings Tab - Australia

Use this tab to set the transaction types that are included in the Protected Earnings calculations. Also you can apply protected earnings when creating payments in which the Transaction Type is defined as Child Support.

The Protected Earnings Amount is set by the government and is the minimum amount that must be left after tax and child support is deducted from a person's wage. You are not able to deduct child support which would leave the net pay (after tax withheld and deductions of child support) of less than the protected earnings amount. This amount is indexed annually.

If child support deductions will cause the net pay to be less than the Protected Earnings Amount, it will must be changed. This can be done, or as part of the Create Payments function, or can be updated when running the Protected Earnings Report.

Options Reference

Each option and field on the form is described below. Mandatory options and fields are highlighted in red.

Transaction Types included in Earnings

Select from the list of transaction types those that make up earnings. The transaction types selected should not include other deductions.

Apply Protected Earnings when Creating Payments

Select this option to update the child support amounts if the Protected Earnings Amount is not reached. You will be advised on the Create Payments confirmation form if the amounts are updated. You must send notices to the Child Support Agency if the amount changes from the standard deduction on a pay.

Child Support Transaction Type

Select the transaction type used for Child Support deductions.

Protected Earnings Amount

This table displays the protected earnings amounts from the Child Support Agency. You can update this amount, or it updates after the figures are released.