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July 2020
July 2020
Just want to know if PAYG deduction in MYOB payroll function includes 2% medicare levy deduction on top of PAYG? Thank you
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July 2020
July 2020
Hi @erlyn
Yes it does - depending on the tax table selected and the gross income amount, MYOB calculates how much tax the employer is required to withhold. This PAYG withholding amount includes income tax, medicare and HECS/HELP debts if applicable.
Regards
Gavin
July 2020
July 2020
Thank you, Gavin