Tax HELP calculation

Hi davina2024,

If there's a difference between MyGov and your file, it usually means the employee isn't set up with the correct tax tables. I suggest checking the employee card to ensure all details are accurate. This link may help with the process. Also, reviewing the historical data of pay runs might help identify what's causing the discrepancy.

Feel free to create a new thread if you need any other help.

Thanks,

Genreve

I have done a spreadsheet and manually calculated every tax deduction in the financial year and it does not match up with her MYGOV.  Is there a report i can get through MYOB that shows what the HELP calculations on each pay is?

Hi davina2024,

You can check out the payroll reports like the payroll register and payroll summary in MYOB. These reports give you detailed info on the deductions for each employee for each pay period. This should help you manually verify the calculations and spot any discrepancies between your manual calculations and the figures reported in MYGOV.

Cheers,

Princess

Hi davina2024 

If the employee is attached to the correct tax table (see Card > Employees > Payroll  Details > Taxes) MYOB will calculate any applicable extra for a HELP debt and will add this to the PAYG amount.  The total shown on the Payroll Register Summary (YTD Report) should match exactly the amounts appearing on the employee's income statement - as this is where the figures come from. This is because the HELP component becomes part of the PAYG.

If however you set up a deduction payroll category for a HELP component (not recommended), and this payroll category is not assigned to PAYG, this could explain why there is a discrepancy.

Fixing the issue depends on first identifying cause. Update this thread with what you find.

Regards

Gavin

The employee is attached to the correct tax table.  Is there a report which clearly shows the HELP component of the PAYG?