SuFish
5 months agoExperienced User
PAYG Tax does not match ATO Tax Table
I paid someone yesterday a total of $1633.80 made up of Base Hourly $1400 and Public Holiday Loading $233.80. The person has the Tax Free Threshold. Myob calculated the tax at $381 but when I check the ATO Weekly Tax Table it says $1,634.00 should be taxed at $347.00. Any idea what might be wrong accounting hive?