Modified Tax Rate
HI, We have an employee with a modified tax rate. The new rate is inclusive of ACC levy. I have entered the new rate into the "Tax Rate %" field less the 1.67% ACC rate. But when the employee's tax is calculated it's not correct. The tax is out by $0.19, or about 0.2% Why would this be?22Views0likes3CommentsDifferent day in lieu cashouts taxed at different rates
Hi experts, I need some assistance please. Our staff are entitled to claim days in Lieu when travelling or working over weekends or holidays and our in-house instruction is that the staff member either has the day off within a specific time period or if that is not possible, they are paid out. One particular staffer noticed that when he was paid out a day as part of his salary the PAYE was different to when he was paid out a day on its own, as in not part of a pay run. He asked me how this was possible and I haven't any idea at all how this works. We are on MYOB Payroll and it is in the works for us to move over to MYOB Payroll for business from EOM. I was also asked to confirm why they would need to pay in to the IRD if their PAYE has been deducted correctly. I have no idea about that either I'm sad to say. I just use and trust the software to be correct. I do run the updates when I am notified about them. If anyone has any answers for me I'd sure appreciate them! Thanks and have a great afternoon :-) Heather32Views0likes2CommentsEmployee changes
I am trying to change the hourly rate for a current employee and when I click on "Save" I get a message that says : Save changes and delete saved pay run? This employee is included in a saved pay run. If you save these changes, we will delete all saved pay runs that include this employee. I haven't seen this message before. Usually I can just save changes without an issue. Why is this message coming up?23Views0likes2CommentsOverpayment of wages, how to?
Hi, We have processed an overpayment of wages. How do I correct this? Can I simply enter a neagtive amount against the over-paid payroll code, and the system will calculate the correct taxes and KiwiSaver amounts? (pls say yes). Or do I need to manualy adjust taxes, kiwisaver, etc.? We are using desktop version 2024.2 (not essentials) Thx.Solved30Views0likes1CommentSick Leave did not rollover on anniversary date
An employee's sick leave anniversary date was on the 21st of August 2024 where he was entitled to another 10 days sick leave. I'm using, MYOB Business Payroll only and it did not update the sick leave and he still has a zero balance when it should be 10. I've tried adjusting the leave and adding the balance manually, but nothing is working. Can someone help. Thank you.52Views0likes1CommentNew NZ tax from 31 July updated early
I have just finished the payrol week ending 6/8/24 and the tax for my people is the same as last week which suggests that the changes were already in place was the tax update automatic with out any notification No email has come through to say that the update had happened or was happening internally would of been good to know this90Views0likes3Comments