Hi, IRD have announced personal income tax thresholds will change on 31 July 2024. Will this be automatically updated via myob payrol software?
Hi @arapaoakiwi - thanks for your question.
Yes, the income tax threshold changes will be handled automatically in your MYOB software for pays dated 31 July and later. Take a look at the details here: Payroll compliance changes for 2024/25
I hope this helps!
Adrian
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