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2 weeks ago - last edited 2 weeks ago
Are there any tax table updates expected for the 2019/2020 financial year? Just wondering if I should upgrade my MYOB from 2018.4 to 2019.2 now or wait and see if there is a new version with updated tax tables after EOFY. Or can I just stay on 2018.4 and upgrade tax tables independantly?
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Thanks for your post. There will be a tax table compliance update released soon for the next financial year.
Continuing to use the version you have now is fine, it would be easiest to wait to update to the new version once you’ve completed the last pay run of the month. Any pay run with a date on or after July 1 will need to be on the new version for the correct tax table information for the next FY. The tax tables are within the update for compliance and are not available separately.
I hope this helps! Feel free to use the forum if you have any other questions.