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Cazza1's avatar
Cazza1
User
12 months ago

Tax free threshold + STSL

Hi,

I will soon be changing a casual  employees payroll category from the Tax Free Threshold to then show as Tax Free Threshold with STSL. 

I just did a dummy pay and cancelled out of it.

I put in the weekly income at $930 which without STSL would be payg of $137 with an additional for STSL at $9 which shows on the student and training support loans weekly table.

I changed the category on the card to Tax Free Threshold with STSL but its still showing $137. Am I looking at this correctly?

Note this employee is highly unlikey to generate the minimum $930 . 

Thanks

4 Replies

  • Has this been resolved yet or have you had a response. 

     

    I am having the same issue; the "Tax Free Theshold +STSL" tax type is not calcuated correctly. 

     

     

      • Julie_A_C's avatar
        Julie_A_C
        Partner

        hi Freman Cazza1 gevans 

         

        For your information I brought a similar problem with PAYGW calculations to the attention of the ATO and the Tax Board years ago.

         

        It related to the calculations for people who had two jobs and the without tax free threshold was not working correctly.  Try their on line calculators even and the same problem happens there.

         

        For example an employee who say earns $1,200 a week from one employer would be taxed $231 and be all good (hopefully at year end).  But if that employee works at one employer and gets $800, claims threshold Tax is $101, then they earn $400 and dont claim threshold their tax is $90.  They have now paid $191 between the two jobs.

         

        If this employee does this on a regular basis at the end of the year they will be underpaid $2,080.00

         

        The ATO's response was, Well the employee can make a payment plan!