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TAGCRU's avatar
TAGCRU
Contributing User
3 months ago
Solved

Correcting tax deducted in termination payment

I have an employee whose termination payment was processed on 31/07/2025.  In amending the tax payable on a large unused leave amount, I have left the cents in the tax deducted ($x.92). Now when I g...
  • Isaiah_C's avatar
    Isaiah_C
    3 months ago

    Hi TAGCRU,

     

    Yep, those pesky cents can definitely cause an issue when it comes to lodging with the ATO. They only want nice, neat whole dollars. No dramas though, we've got a handy guide that'll walk you through what to do when the figures don't quite line up: Fixing an ETP.

     

    Regards,

    Sai 

Isaiah_C's avatar
Isaiah_C
MYOB Moderator
3 months ago

Hi TAGCRU,

 

Yep, those pesky cents can definitely cause an issue when it comes to lodging with the ATO. They only want nice, neat whole dollars. No dramas though, we've got a handy guide that'll walk you through what to do when the figures don't quite line up: Fixing an ETP.

 

Regards,

Sai 

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