Forum Discussion

97's avatar
97
Member
8 hours ago

Visa 500

What to record in Tax Table: 

He has TFN and he is allowed to work 48 hrs per fortnight.

2 Replies

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    5 hours ago

    Hi 97

     

    If they’re on a subclass 500 visa and have a TFN, you’d generally set them as Australian for tax purposes and tick Free Tax Threshold = Yes.

     

    If you’re using AccountRight, the income type is usually Salary and Wages for this setup.

     

    If you’re still unsure, it’s best to check the employee’s TFN declaration or confirm with the ATO.

     

    Cheers,

    Genreve