How do I set up a set % of tax to be deducted for an employee?

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TanyaM
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How do I set up a set % of tax to be deducted for an employee?

Hello, have 1 employee wanting to have 40% tax deducted from his pays moving forward, I can see there's an option to deduct an additional dollar amount from each pay but I cannot find where to set it up for a certain % to be deducted every pay ?  I certainly dont want to manually calculate it each pay run, is there a way to set this up?

 

 

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LRBooks61
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Re: How do I set up a set % of tax to be deducted for an employee?

Hi

 

I take it that the pay for this employ is not consistent or you would have calculated the amount and going forward this would not change

 

unfortunately you can't set up a percentage 

 

I suggest that you ask your employee to nominate an additional amount, not ideal but less onerous for you

 

Lisa

gavin12345
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Re: How do I set up a set % of tax to be deducted for an employee?

Hi @TanyaM 

 

Depends what software you are using. If Accountright, change the employee's tax table to Withholding Variation, and set the rate to 40%.

 

Regards

Gavin

(gavinw222@gmail.com)
TanyaM
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Re: How do I set up a set % of tax to be deducted for an employee?

Awesome thank you !

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