Forum Discussion

ATL's avatar
ATL
Experienced User
6 years ago
Solved

New employee hasn't given IRD no

A new employee has filled in a tax code declaration but hasn't given his IRD number.  I'm hoping he will supply it before Wednesday (payday) but if not, can I use M as he has declared  or does it have to be ND until I get a number from him?

  • Hi ATL 

     

    If the employee doesn't provide you with their IRD number you do need to apply the highest non-declaration tax rate of 45%, otherwise, you can use their delegated IRD number and tax rate. So, you probably want your employee to get onto that as soon as possible even for their sake - nothing like 45% of your wages being deducted as tax. 

2 Replies

Replies have been turned off for this discussion
  • Hi ATL 

     

    If the employee doesn't provide you with their IRD number you do need to apply the highest non-declaration tax rate of 45%, otherwise, you can use their delegated IRD number and tax rate. So, you probably want your employee to get onto that as soon as possible even for their sake - nothing like 45% of your wages being deducted as tax. 

  • ATL's avatar
    ATL
    Experienced User
    6 years ago

    Yes, thanks, that's what I thought but just wanted to check.

    I have told him he'll get taxed at a very high rate and he has said he will get it to me, so I hope for his sake he does

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Learn:

 

Level up your skills using MYOB software.

 

Find help guides and technical solutions for all MYOB products here

Explore video tutorials for our software at the MYOB Academy here

 

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.