3 months ago
NZ Tax Tables 31 Jul 24
Hi All, We have a new employee commenced in NZ in the Month of August. According to employees Tax Code the Tax taken up by MYOB is incorrect. Does the Tax Table is uploaded to MYOB Business Pro autom...
Hey Ndahiya,
Tax tables are automatically updated from July 31 onwards. Since your employee commenced in August, their tax tables should be correct based on how they were set up. We recommend double-checking the tax setup in MYOB Business Pro and benchmarking it with the IRD website. You can also use the PAYE calculator to verify the calculations:
Tax Changes: IRD Tax Changes
PAYE Calculator: IRD PAYE Calculator
Best regards,
Doreen
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