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Enza-Suem's avatar
Enza-Suem
User
3 years ago

Taxation Codes for payroll annual bonus payments

How does one charge the 39% PAYE rate on Annual Bonus payment, for those earning over $180,000 p.a., as the extra payment codes in MYOB Payroll only seem to go up to SA for income between $136,545 and $180,000?

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  • Yanike_S's avatar
    Yanike_S
    MYOB Moderator
    3 years ago

    Hi Enza-Suem 

     

    Thanks for your post. We tested this in the software and it does do the 39% tax rates. It uses the SA code as per the IRD.

     

    If this doesn't appear for you, could you please upload a screenshot?