Junior casual employment

Carolyn Accounts
Carolyn Accounts Member Posts: 16
edited September 2019 in Accounts Hosted
Is there a special tax code used for a Junior (16 yrs) who is still at school and is employed casually?

Comments

  • Joy Bodker
    Joy Bodker Member Posts: 7
    edited April 2019
    If you are referring to the tax file number code - your payee is under 18 and earns less than $350 per week, $700 per fortnight or $1,517 per month – use 333 333 333 Source https://www.ato.gov.au/Forms/PAYG-payment-summary---individual-non-business/?page=3
  • Carolyn Accounts
    Carolyn Accounts Member Posts: 16
    edited April 2019
    Thank you.  I am glad I asked.
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,366 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited September 2019

    Yes, Joy is correct and ....

    You can find this TFN reference info (& also a load of other very useful explanations for the various codes used/options) in your Hosted File:


    Click on Employees (along top toolbar)

    • Click on Tax Table Information > Tax Table Info

      (For a range of very useful links to demystifying your employee tax selections!)

      or

    • Click on Superannuation Information

                     (For a range of very useful links to demystifying your employee super selections!)

       

      These 2 sections are really under-utilised as not everyone is aware they are even there!

       

      Shaz Hughes Dip(Fin) ACQ NSW, MICB

      Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

      Accounted 4 Bookkeeping Services

      Ballajura, WA

      0422 886 003

      shazinoz2@bigpond.com


    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Carolyn Accounts
    Carolyn Accounts Member Posts: 16
    edited September 2019
    Thanks, I will take a look.

    This junior has worked through the school holidays. Presuming he would need a Tax File number in this case if over the threshold?
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,366 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited April 2019
    Not necessarily.  If his earnings are still below the monthly threshold ($ 1,517) then he is exempt from quoting a TFN.
    If not, he will need to apply for one but that info gives you all the TFN Codes applicable for all scenarios along with explanations, including for employees who have applied for a TFN. 

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Carolyn Accounts
    Carolyn Accounts Member Posts: 16
    edited May 2019
    Hi Shaz,  Shall I enter the junior as NoTFNr?  It is still calculating Tax, so do I override this if under the monthly threshold?  Carolyn
  • Carolyn Accounts
    Carolyn Accounts Member Posts: 16
    edited September 2019
    I will be entering 333333333.  I just need to clarify what Tax Code to use.
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,366 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2019
    No, you still use the standard TFT tax code. The employee will be taxed only if/when their earnings reach the threshold.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Joy Bodker
    Joy Bodker Member Posts: 7
    edited May 2019
    As they do not need a tax file number enter them as TFT (tax free threshold).
  • Carolyn Accounts
    Carolyn Accounts Member Posts: 16
    edited May 2019
    Thank you so much.