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TanyaM's avatar
TanyaM
Experienced Cover User
3 years ago
Solved

How do I set up a set % of tax to be deducted for an employee?

Hello, have 1 employee wanting to have 40% tax deducted from his pays moving forward, I can see there's an option to deduct an additional dollar amount from each pay but I cannot find where to set it up for a certain % to be deducted every pay ?  I certainly dont want to manually calculate it each pay run, is there a way to set this up?

 

 

  • gavin12345's avatar
    gavin12345
    3 years ago

    Hi TanyaM 

     

    Depends what software you are using. If Accountright, change the employee's tax table to Withholding Variation, and set the rate to 40%.

     

    Regards

    Gavin

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  • gavin12345's avatar
    gavin12345
    Ultimate User
    3 years ago

    Hi TanyaM 

     

    Depends what software you are using. If Accountright, change the employee's tax table to Withholding Variation, and set the rate to 40%.

     

    Regards

    Gavin

  • LRBooks61's avatar
    LRBooks61
    Ultimate Cover User
    3 years ago

    Hi

     

    I take it that the pay for this employ is not consistent or you would have calculated the amount and going forward this would not change

     

    unfortunately you can't set up a percentage 

     

    I suggest that you ask your employee to nominate an additional amount, not ideal but less onerous for you

     

    Lisa

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