Forum Discussion

Enza-Suem's avatar
Enza-Suem
4 years ago

Taxation Codes for payroll annual bonus payments

How does one charge the 39% PAYE rate on Annual Bonus payment, for those earning over $180,000 p.a., as the extra payment codes in MYOB Payroll only seem to go up to SA for income between $136,545 and $180,000?

1 Reply

Replies have been turned off for this discussion
  • Yanike_S's avatar
    Yanike_S
    MYOB Staff
    4 years ago

    Hi Enza-Suem 

     

    Thanks for your post. We tested this in the software and it does do the 39% tax rates. It uses the SA code as per the IRD.

     

    If this doesn't appear for you, could you please upload a screenshot?

Looking for something else?

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

Community home

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