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bto's avatar
bto
User
4 years ago
Solved

Taxes - Variation

Hi, I have had a request from an employee to update their tax witholding as follows:   Claim tax-free threshold: Yes Additional withholding percentage: 2.00% Education loan withholding: Higher E...
AccountRight
tax
Taxes
witholding variation
  • Tracey_H's avatar
    Tracey_H
    4 years ago

    Hi bto 

     

    You do need to select either Tax Free Threshold + HELP or Withholding variation in the Tax Table field, it's not possible to select both options for withholding PAYG. If you are wanting to withhold additional PAYG you will need to enter that amount in the Extra Tax field.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Tracey_H's avatar
Tracey_H
Former Staff

Hi bto 

 

Thanks for your post. Generally, if you are wanting to withhold an extra PAYG amount for an employee you would enter that amount in the Extra Tax field in their employee card>>Payroll Details tab>>Taxes. This help article has more information you may find helpful: Taxes

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

bto's avatar
bto
User
4 years ago

Hi Tracey,


Thanks for your response - unfortunately this doesn't help in this situation.


I have attached a screenshot of the employees request and a screenshot of my issue in MYOB (not being able to add a variation once Tax-free threshold + HELP is selected).

 

Please let me know if you have any further suggestions.


Thank you,

Bec

  • Tracey_H's avatar
    Tracey_H
    Former Staff
    4 years ago

    Hi bto 

     

    You do need to select either Tax Free Threshold + HELP or Withholding variation in the Tax Table field, it's not possible to select both options for withholding PAYG. If you are wanting to withhold additional PAYG you will need to enter that amount in the Extra Tax field.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.