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CHBA's avatar
CHBA
Member
7 months ago
Solved

Tax free threshold if earning over $3400/week

I have been unable to find clarification in the forum, so am starting a new question.   Using this specific from the PAYG Tax Table (2025) as an example: "When an employee is claiming the tax-fre...
  • Julie_A_C's avatar
    Julie_A_C
    6 months ago

    Myob will calculate it for you.  If you were paying them $3,600 it would calculate $1,046 tax.  Which if you do the formula is correct.

Julie_A_C's avatar
Julie_A_C
Ultimate Cover User
6 months ago

Myob will calculate it for you.  If you were paying them $3,600 it would calculate $1,046 tax.  Which if you do the formula is correct.

CHBA's avatar
CHBA
Member
6 months ago

Awesome, thanks for your response 🙂

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