Forum Discussion

WMack's avatar
WMack
Experienced User
6 months ago

New Tax Table from July 1, 2024

Hello,   When should we receive the update for the above?
  • Princess_R's avatar
    Princess_R
    6 months ago

    Hi WMack

     

    Thanks for asking about the new tax table update! Usually, PAYG tax tables update automatically if your payment date is July 1, 2024. While the tax rate changes will kick in on the date of payment, which is July 31, 2024, or later. For more info, you can check out these articles:

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

     

    Cheers,

    Princess

Andesa89's avatar
Andesa89
Experienced User
6 months ago

Hi Team,

 

Looks like we also have the same issue. Tax revision table is showing 01/07/2024 but when we processed payroll from 1st July to 15th July it was same as last year's pay. one of our staff has already complained why he is not paid more when the AU govt has announced tax cut from 1st July.

  • gavin12345's avatar
    gavin12345
    Ultimate User
    6 months ago

    Hi Andesa89 

     

    Can you please upload a screenshot of the Lists > Payroll Categories > Taxes > PAYG > Tax Free Threshold screen, sort the table to show in the correct order.

     

    Regards

    Gavin

    • WMack's avatar
      WMack
      Experienced User
      6 months ago

      Hello Gavin

       

      This isn't Andes89 but I'm about to run a payrun on Friday and wanted to check it is correct.  Please see attached screenshot as requested.

      • WMack's avatar
        WMack
        Experienced User
        6 months ago

        .

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