NSW Payroll Tax rate is not updated in AccountRight?

AllianceAdmin

Hi all,

Just wonder if you can share, the rate in Payroll Tax in the Payroll module is still at 4.85% instead of 5.45% rate for FY2023 while I prepared for both July and August 2022 Payroll Tax. Is it not automatically updated in the system?

 

Thanks.

Jane

Steven_M

Hi @AllianceAdmin 

The State or Territory Payroll Tax is a value set by the user. This is done through the Setup>>Preferences>>General Payroll Information>>Payroll Tax Rate Is: If that value does need to be changed due to a change in requirements then you would need to update that field in the company file prior to running the Payroll Tax report.