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LindyMH's avatar
LindyMH
Experienced Cover User
2 years ago

New Tax Tables 2023-2024

Does anyone know when the new tax tables will be uploaded.  MYOB is still showing at 1/07/2022.  

I have completed all EOFY payroll including upload to ATO.

 

Cheers

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  • gavin12345's avatar
    gavin12345
    Ultimate User
    2 years ago

    Hi LindyMH 

     

    Tax tables do not load until you start processing payroll with a payment date in July. MYOB then changes the payroll year to 2024 and loads the new tax tables. You will see this on the Payroll processing screen after you click Next.

     

    Regards

    Gavin

    • LAL-Mary's avatar
      LAL-Mary
      Experienced User
      2 years ago

      I've just processed my final payroll (24th June to 7th July) with a payment date of 10th July.  I've also completed all the EOPY tasks and reported STP.  

       

      The tax table is still showing as 1/7/2022

       

      Based on what you advised, given my payment date was 10/7/23, I assume the tax table should have updated.

       

      Any idea on why it hasn't?

       

      Thanks
      Mary

      • Doreen_P's avatar
        Doreen_P
        MYOB Moderator
        2 years ago

        Hi LAL-Mary 

         

        Thanks for your post.

         

        As mentioned by Gavin, the Tax table revision date will be updated if a pay run has a payment date of the new payroll year.  To check it, kindly go to Payroll > Process Payroll > Employees pay, it should show up the Tax table revision date as 01/07/2023. Please refer to the screenshot below.

         

                                 

         

        Please let me know how it goes.

         

        Best regards,

        Doreen