Updating Tax Tables - October 2020

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Updating Tax Tables - October 2020

I have noticed the tax table has not been updated in AccountRight Plus 2020.2.2 for the tax cuts as at 13 October 2020. Can I manually update the tax table? And if so How?

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MYOB Moderator
1,327 Posts
MYOB Moderator
MYOB Moderator

1,327Posts

109Kudos

168Solutions

Re: Updating Tax Tables - October 2020

Hello @avoutt 

 

Our team is currently working on the new tax tables which will download automatically in AccountRight once ready, and we expect to have these updates completed before the 16th Nov 2020 deadline. In the meantime, users can manually adjust the tax in payruns as referenced from the ATO tax scales until the update is available in MYOB software, if desired. Please refer to this post for further details and updates. 

Kind regards,
Emily

MYOB Community Support

Online Help| Forum Search| my.MYOB| Download Page

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MYOB Moderator
1,327 Posts
MYOB Moderator
MYOB Moderator

1,327Posts

109Kudos

168Solutions

Re: Updating Tax Tables - October 2020

Hello @avoutt 

 

Please see the latest update on the 2020 Tax Tables by heading to AccountRight 2020.3.1 is now available. As explained in that post, the latest tax tables have now been updated and that post has instructions for how to proceed depending on your software.

Kind regards,
Emily

MYOB Community Support

Online Help| Forum Search| my.MYOB| Download Page

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