Hi MYOB,
Is PAYG calculating correctly for individuals?
It seems to be higher than ATO rates.
Hi @Kim_Green123
The PAYG rate MYOB uses depends on the settings you are using, for example weekly, fortnightly or monthly pays, what tax table the employee is linked to, any Rebates or Extra taxes set, whether payroll categories are set to be exempted from the PAYG calc etc. Look at all these and I'm sure you will find the cause for any discrepancy. If not, please post more details, such as all the settings, and the income amounts and PAYG calculated. Someone might then be able to suggest cause.
Regards
Gavin
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