How do I create a tax scale for the new “Backpacker Tax”?
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Rav
Administrator, Reckon Staff Posts: 15,392 Community Manager
In December 2016, the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from parity with “Residents” (Tax Code 2-TFT) to a special category of “Non Residents” (Tax Codes 3NonRes and 8-No TaxC).
Please see our Knowledge Browser article here for details on handling these changes with Reckon Accounts Business.
Backpacker tax rate in RAB
Please see our Knowledge Browser article here for details on handling these changes with Reckon Accounts Business.
Backpacker tax rate in RAB
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Hi Lucky,
The link to the article in the post above is available directly here - http://kb.reckon.com.au/issue_view.asp?ID=5510
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Thanks Rav. I do have one question though - my tax seems to be rounding. For example the amount taxable was $30.77, 15% should be $4.61 but I am getting $5.00. Any ideas?
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