2 years ago
Tax Free Threshold + HELP
There is no Tax Free Threshold + HELP option in MYOB Account Right. I understand that we need to select this option for the HELP loan to be automatically withheld on each payrun according to the amount earned.
There is no Tax Free Threshold + HELP option in MYOB Account Right. I understand that we need to select this option for the HELP loan to be automatically withheld on each payrun according to the amount earned.
Hi Christine18
Use STSL - the new code/name for all student loans such as HECS HELP etc
Regards
Gavin
Hi Christine18
Thank you so much for your post and welcome to the Community Forum! I would recommend to visit this post and help page that has more information about this issue.: https://community.myob.com/t5/AccountRight-Staffing-and/Adding-Tax-Free-Threshold-HELP-to-paylips/td-p/425231 and https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-thresholds-and-rates/
Regards,
Earl
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