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TanyaM's avatar
TanyaM
Experienced Cover User
3 years ago
Solved

How do I set up a set % of tax to be deducted for an employee?

Hello, have 1 employee wanting to have 40% tax deducted from his pays moving forward, I can see there's an option to deduct an additional dollar amount from each pay but I cannot find where to set it...
  • gavin12345's avatar
    gavin12345
    3 years ago

    Hi TanyaM 

     

    Depends what software you are using. If Accountright, change the employee's tax table to Withholding Variation, and set the rate to 40%.

     

    Regards

    Gavin

LRBooks61's avatar
LRBooks61
Ultimate Cover User
3 years ago

Hi

 

I take it that the pay for this employ is not consistent or you would have calculated the amount and going forward this would not change

 

unfortunately you can't set up a percentage 

 

I suggest that you ask your employee to nominate an additional amount, not ideal but less onerous for you

 

Lisa

gavin12345's avatar
gavin12345
Ultimate User
3 years ago

Hi TanyaM 

 

Depends what software you are using. If Accountright, change the employee's tax table to Withholding Variation, and set the rate to 40%.

 

Regards

Gavin

  • TanyaM's avatar
    TanyaM
    Experienced Cover User
    3 years ago

    Awesome thank you !

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