PAYG Tax does not match ATO Tax Table
I paid someone yesterday a total of $1633.80 made up of Base Hourly $1400 and Public Holiday Loading $233.80. The person has the Tax Free Threshold. Myob calculated the tax at $381 but when I check ...
Forum Discussion
Hi SuFish
If you look at the current ATO tax tables, for $1633 it shows $381 - so MYOB is calculating the correct amount. If you look at next payroll year's tax tables (apply from 1 July 2024) the amount might be different.
Regards
Gavin
Must have grabbed the wrong one. Thanks Gavin. I'll check again.
