NO ABN Withholding Rate incorrect as 46.5%

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NO ABN Withholding Rate incorrect as 46.5%

Hi - I have just started a trial of MYOB Essentials and spotted that the No ABN Withholding Rate is incorrectly set as 46.5%.  From July 2017 the ATO changed the rate to 47%.

I can not see a way to change this rate so I'm thinking it needs to be changed in the software.

Can you this error please be passed on to the development / support team

Thanks

Janet Kingston

 

Essentials No ABN Withholding.png
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Re: NO ABN Withholding Rate incorrect as 46.5%

Hi @janetkingston 

 

Apologies for the delayed response. 

 

I have escalated this problem to our developers for further investigation, I'm afraid that currently I do not have a time frame available. 

 

In the meantime, if applicable, you can consider using Banking > Spend/Receive Money instead, as the tax amount can be manually updated. 

 

I apologize for the inconvenience caused, and greatly appreciate your patience while our teams look into this matter.

Cheers,
Clover

MYOB Community Support

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