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BronwynHamster's avatar
BronwynHamster
Trusted Cover User
1 month ago
Solved

Working Holiday Makers

Hi, one of my Clients is a registered employer of Working Holiday Makers. The employee has surpassed the $45,000 threshold to be taxed at 15%. How do we change in MYOB to be taxed at 30%. Is it simpl...
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  • Genreve_S's avatar
    Genreve_S
    1 month ago

    Hi BronwynHamster, 

     

    That's a good question. Yes, if the ATO has told you that the person should be taxed at a flat 30%, you’d set that up using the Withholding variation tax table:

    1. Open the employee card.
    2. Go to Payroll Details > Taxes.
    3. Change the Tax table to Withholding variation.
    4. In Withholding variation rate, enter 30 and save.

    Just make sure you’re only doing this where you’ve got an ATO variation or advice from their tax agent, as it overrides the normal PAYG tables.

     

    Regards,
    Genreve 

Genreve_S's avatar
Genreve_S
MYOB Moderator
1 month ago

Hi BronwynHamster, 

 

That's a good question. Yes, if the ATO has told you that the person should be taxed at a flat 30%, you’d set that up using the Withholding variation tax table:

  1. Open the employee card.
  2. Go to Payroll Details > Taxes.
  3. Change the Tax table to Withholding variation.
  4. In Withholding variation rate, enter 30 and save.

Just make sure you’re only doing this where you’ve got an ATO variation or advice from their tax agent, as it overrides the normal PAYG tables.

 

Regards,
Genreve 

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