Forum Discussion

2 months ago

Has MYOB payroll been updated with the new PAYE tax thresholds?

I have had notification from IRD that there are new tax thresholds coming in in NZ 31/07/2024. Has MYOB been updated to reflect this?

Jemar_C
2 months ago
Hi Rachel26,

Thank you for your post and welcome to the community forum! Yes, the new tax thresholds will automatically reflect in MYOB software for payrun dated 31 July and later. You check this helpful article for detailed information.

Feel free to write a post if you need further assistance.

Cheers,

Jem

2 months ago

I've run the update and version is not updating for some reason.

Princess_R
MYOB Moderator
2 months ago
Hi Diana6,

Thanks for reaching out! Just to clarify, the changes in tax rates for the fiscal year 2024/25 will kick in on July 31, 2024. For more information, please check out this Help article: Payroll compliance changes for 2024/25. If you're talking about something else, please don't hesitate to reach out.

Cheers,

Princess
- Diana6
  2 months ago
  Hi Princess
  
  Thanks for the reply. I ran the update but when I "control R" to see what version I am running it is not updating to 2024.2. I tried running the update again and still showing 2024.1. The trouble shooting tips don't appear relevant either.
  - Princess_R
    MYOB Moderator
    2 months ago
    Hi Diana6,
    
    Seems like the update process is not working as expected. If you're using AccountRight, you might want to check out this link for the latest software updates and get the newest version installed. On the other hand, if you're on MYOB Business, give clearing your browser cache a shot and maybe try using a different browser.
    
    Feel free to get in touch if you need more help.
    
    Cheers,
    
    Princess