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

Cazza419's avatar
Cazza419
Contributing User
5 months ago

Tax revision table is showing 01/07/2024 but when we processed payroll from 1st July the tax has not changed? I have included screenshots to see if anyone can see the problem

Thanks

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    5 months ago

    Hi Cazza419,

     

    Looks like you're still having a bit of a hiccup with the tax rate not updating in your recorded pay run. I noticed from the screenshot you've shared that you've only attached the tax table revision date. To help us get a clearer picture of what's going on, could you also share a screenshot of the PAYG withholding screen and, if possible, the affected pay run? Please ensure that no sensitive information is included in the screenshots.

     

    Looking forward to your reply.

     

    Cheers,

    Princess

    • Cazza419's avatar
      Cazza419
      Contributing User
      5 months ago

      Thank you ,

      Yes the tax table revision date is correct now but the tax has not updated as per below screenshots?

       

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