Change of Employee Tax Status and Corresponding STP Reports

casal

We have an employee who changed from Foreign Resident to Resident with Tax Free Threshold during the FY, but we already processed a handful of payroll and STP reports with their PAYG still under the Foreign Resident status. How do I go about amending those through MYOB?

Doreen_P

Hey @casal,

 

Spotting that mid‑year shift from Foreign Resident to Resident with the tax‑free threshold shows you’re right on top of things. To change the tax table, you can check out this link for more info, and because the change landed partway through the financial year, it’s worth a quick check with your accountant on how they want the PAYG handled so your YTD and STP stay clean.

 

Cheers,

Doreen