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DianeOB123's avatar
DianeOB123
Member
1 year ago

Incorrect Tax being taken out

Hi   I've set up an employee with PAYG withholding tax free threshold.   Gross pay per fortnight $3449.58 Tax is incorrectly calculated at $987.03   I don't understand why the difference.  The...
Princess_R's avatar
Princess_R
MYOB Moderator
1 year ago

Hi DianeOB123,

 

Welcome to the Community Forum!

 

I see you're having trouble with the PAYG withholding tax being calculated incorrectly for an employee, and it’s not matching the tax tables. This issue might be because of your payroll categories set up. It could be that the PAYG Withholding category isn’t properly linked or exempted from your wages or deductions. For more info, please check out this Help article: Taxes.

 

Feel free to get in touch if you need more help.

 

Cheers,

Princess

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