Business Definition

Directors’ fees include payments to:

• the director of a company, or to a person who performs the duties of a director of the company; or

• if the company is not incorporated – as a member of the committee of management of the company, or as a person who performs the duties of such a member

Employers who pay Directors fees should report as separate itemise component. Directors’ fees may include payment to cover travelling costs, costs associated with attending meetings and other expenses incurred in the position of a company director. The full amount of the payment must be reported, specifically the full pre-sacrifice value of the fees, before any salary sacrifice may be deducted from the amount.

Services Australia take Directors’ Fees into consideration for income assessment purposes and classify this type of payment as Employment Income.

DataPay Setup

A component will be reported under Director Fee’s if it is set up to output the Director Fee’s attribute:

Open