No Taxfree Threshhold Selected incorrectly when should be Tax Free Threshhold - on processed pays

Question

I have just noticed that a new employee had ticked the NO Taxfree Threshold instead of Tax Free Threshold category. We have already processed 3 pay weeks and I have now corrected the category in his payroll file.

How do I adjust the previous payrolls to adjust the correct Tax Witheld and the difference in pay for this employee please.

Doreen_P · Answer

Hi, @Julie1984

We hope you're having a great day.

As we were not able to receive any updates, we will now be closing this case regarding your concern about processed pays. Please feel free to reach out to us or create a post if you encounter future issues.

Best regards,

Doreen

Doreen_P · Answer

Hi, @Julie1984

Thanks for your post, and welcome to the MYOB Community Forum.

To correct the situation, you can compute the total tax amount for those 3 pay runs that have been processed already and then create a new pay run for the adjustments. To do this, you can check out the Help Article: Fixing a pay for more information.

Should you need further assistance, please let us know.

If my response has answered your inquiry, please click "Accept as Solution" to assist other users in finding this information.

Best regards,

Doreen