Working Holiday Makers - New rates effective 1/1/17

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Lorna_8028473
Lorna_8028473 Member Posts: 4
edited February 2017 in Reckon Accounts (Desktop)
Working Holiday Makers - We have just received notification from ATO about New tax rates effective 1/1/17. I am assuming that we use tax code 8 with a flat 15% rate but what happens when the employee earns more than $37,000 ???

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  • Rav
    Rav Administrator, Reckon Staff Posts: 15,427 Community Manager Community Manager
    edited February 2017
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    Hi Lorna,

    Please check out this KB for details on how to handle the new changes coming into effect -

    Backpacker tax rate in RAB

    ℹ️ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.

  • Lorna_8028473
    Lorna_8028473 Member Posts: 4
    edited December 2016
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    Thanks Rav