Forum Discussion

Roanne's avatar
Roanne
Contributing Cover User
3 years ago

TFN declaration HELP and Financial Supplement debt.

Hi,  I am setting up a new employee who has ticked both boxes on his TFN declaration for HELP and Financial Supplement debt.     Does anyone know what tax table code in MYOB I use for this?  There ...
SamaraM's avatar
SamaraM
Former Staff
3 years ago

Hi Roanne 

 

I recommend checking out the ATO's full list of Tax Tables for more information about how much tax to deduct in your specific situation: Tax tables.

 

We also have a Help Article on the PAYG calculations, and at the bottom, it goes through what the abbreviations mean in the tax tables.

 

Hope that helps.


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