jfernandes
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Re: Working Holiday Maker
Hi Gavin The ATO says "if you are registered and total payments you have made to the employee for the income year prior to this payment are less than $45,001..." you use colum 2 in the excel provided, which is the lower rate This is taken from Schedule 15 – Tax table for working holiday makers Therefore the payment you are making that takes you over the $45,000 should still be taxed at the lower rate508Views0likes1CommentWorking Holiday Maker
Hi there When trying to pay an working holiday maker, MYOB is calculing the PAYG on the YTD. The entity is registered and prior to this pay run, the employee should really still be taxed at the lower rate. MYOB however calculated it on the YTD, causing the employee to miss out on Net wages Can you please confirm that this will be fixed in the future?540Views0likes3Comments