Incorrect Tax Deduction - Working Holiday Maker
We currently have an employee with us on a working holiday visa and over their last two pays the automatically calculated tax deduction has been more than double what it usually is. I've manually checked the rate using the ATO's tax withheld calculator on their website and it has been the lower rate each time. Is this a MYOB error or is there something I'm missing? I've checked the tax table coding on their card and it's still set as Working Holiday Maker. Thanks104Views0likes2CommentsIncorrect tax file category how to fix payruns
I have set up a new payroll for a client and one of the employees selected thw incorrect tax category when onboarding and has been over taxed. I was only notified of this after 4 payruns how do I go about correcting this. Thanks in Adavance Janelle McNairSolved93Views0likes5CommentsMedicare levy surcharge 1% - additional withholding
I have a new employee who has elected for an additional 1% tax withholding to cover any Medicare levy surcharge for this financial year. I don't see an option to do this in AccountRight. I know there's a field for Extra Tax as a $ value, but not extra tax as a %. Please advise what I should do. Thanks! I have attached a screenshot of the employee's Tax withholding and medicare levy variation selections.Solved1.2KViews0likes5CommentsTaxes - Variation
Hi, I have had a request from an employee to update their tax witholding as follows: Claim tax-free threshold: Yes Additional withholding percentage: 2.00% Education loan withholding: Higher Education Loan Program(HELP) Medicare levy variation: No variation There is no option in MYOB to do this, it can either be - Tax-Free Threshold + HELP - this option doesn't allow me to enter in an additional witholding variation rate. OR Withholding Variation - this option doesn't allow additional tax-free threshold + HELP Can someone please assist/advise on what I need to do? Thank you!Solved1.5KViews0likes3Comments