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recent_0519's avatar
recent_0519
Experienced Cover User
6 months ago

Payroll tax code for a higher education loan program

Hi MYOB support team,   We have a new employee who has a higher education loan program. I try to select the tax code with "HELP" but there is not in the tax table description list. How can select t...
Genreve_S's avatar
Genreve_S
MYOB Moderator
4 months ago

Hi recent_0519 , 

 

I understand the need to make sure the higher education loan is accounted for correctly. Unfortunately, we can't advice with choosing the right tax code for this loan. We recommend seeking assistance directly from a financial advisor to make sure everything is correct.  Also, you can read through the the article 'Student Loan Deductions' for more insights regarding this. 

 

In the meantime, feel free to create a new thread if you need any other help. 

 

Thanks,

Genreve

 

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