Forum Discussion

bamma's avatar
bamma
Trusted Cover User
5 years ago

Payroll PAYG Tax rates July 2020

 
I have upgraded to MYOB 2020.2.23.9038 but Tax Table Revision date still showing as 1/7/2019
Is that because there are NO changes to tax rates for 2020-21 year
 
 
Payroll
  • Steven_M's avatar
    Steven_M
    5 years ago

    Hi bamma 

     

    With AccountRight 2020.2 onwards, tax tables are automatically updated. 

    So on the 01/07 that value will be updated and AccountRight 2020.2 will show 01/07/2020 and use those new tax tables going forward.

  • Steven_M's avatar
    Steven_M
    Former Staff
    5 years ago

    Hi bamma 

     

    With AccountRight 2020.2 onwards, tax tables are automatically updated. 

    So on the 01/07 that value will be updated and AccountRight 2020.2 will show 01/07/2020 and use those new tax tables going forward.

    • TWalton's avatar
      TWalton
      Contributing Cover User
      5 years ago

      My Tax tables are still showing as 1/7/19?

      • Melisa_D's avatar
        Melisa_D
        Former Staff
        5 years ago

        Hi TWalton, 

         

        Thank you for your post. The Tax table revision date automatically updates as soon as you select the Pay Period for the employees, when you click next it will be updated on the right hand side of the Process payroll window. 

         

        I've attached a screenshot;

         

        Please do let us know if you have any further questions. 

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.