Forum Discussion

BronJay2025

Contributing User

5 months ago

Medicare Levy Surcharge - Extra PAYGW deduction

I'm looking for a solution to deducting extra monthly PAYGW amounts for an employee. They want to increase their PAYGW amount to cover the Medicare Levy Surcharge charge at end of year and I cannot ...

Payroll

Earl_HD

MYOB Moderator

5 months ago

Hi BronJay2025,

Great question! For adding extra monthly PAYGW amounts and keeping things tidy for STP, check out our handy article on PAYG Withholding tax. It’s packed with quick tips on setting up those extra deductions. PAYG withholding tax

Regards,
Earl

BronJay2025
Contributing User
5 months ago
Thanks Earl - I've read the notes and added the extra tax, however it doesn't separate the extra tax on the payslip which would be helpful to see.
- Doreen_P
  MYOB Moderator
  5 months ago
  Hey BronJay2025,
  
  You’ve done all the right things by reading through the notes and popping that extra tax in, so cheers for being on top of it. When it comes to pay slips though, any extra PAYG you chuck in just gets bundled in with the regular tax total, rather than splitting out as a separate line. It’s about showing the full tax amount in one spot.
  
  Cheers,
  
  Doreen