Custom PAYG amount requested

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OnBalance
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Custom PAYG amount requested

A Staff member has requested their tax rate be 32.75% on all their earnings is it possible to set this up to calculate automatically?

regards

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Steven_M
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Re: Custom PAYG amount requested

Hi @OnBalance 

 

AccountRight allows the user to extra tax amount for an employee - this is entered as a fixed dollar amount per pay. It is not able to be entered in as a percentage.

 

To enter an extra tax amount for an employee:

  1. Navigate to the employees' card -- Card File>>Cards List>>Select the employee's card
  2. Select to view the Payroll Details
  3. Select the Taxes section
  4. Enter the desired dollar amount in the Extra Tax field
  5. Select Ok

The above process will add the Extra Tax amount to the employee's PAYG component when processing that employee's pay.

Kind regards,
Steven

MYOB Community Support

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gavin12345
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Re: Custom PAYG amount requested

Hi @OnBalance 

 

Change the tax table to Withholding Variation and set the rate to 32.5%

 

Regards

Gavin

(gavinw222@gmail.com)
OnBalance
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Re: Custom PAYG amount requested

Brilliant, many many thanks for your answer

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