Forum Discussion

bto's avatar
bto
5 years ago

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
    5 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.

bto's avatar
bto

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
5 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.

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