Payroll Tax Table Update for 1 July 2020


Is the Tax Table Update available for 20/21 yet? I can't see the section I usually find on the webpage for Reckons Accounts Premier Desktop where I order the DVD to be sent out with the tax table update.
Thanks
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Yes. There is usually a tax table update that is released by Reckon that needs to be installed before the first pay each year. Reckon popped up with a prompt to remind me so I thought I had better check.
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Hi Rosie,
I too saw the pop up but I am thinking it's just an inbuild reminder. It appears there are no changes to the tax tables and thresholds, but I am keen to see what reckon releases.0 -
Hi all,
There's some info in the article I've linked below on the changes coming to Reckon Accounts 2020 along with the tax table update. They are due for release this week within the next couple of days.
What's New - Reckon Accounts 2020 R2
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Thanks Rav! I think that's what we're all waitig for!
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Thanks Rav! That's great news. Looking forward to this update with the STP submission of TFN declarations. Hopefully this will be released soon.
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Is this the same for Reckon Enterprise???0
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How do you update Tax Table on Reckon Hosted?
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Hi Henry
You don’t need to install any updates on Hosted – Reckon does them.
There are now links to detailed instructions along with a new “Launch Accounts 2020 R2” button when you login to Hosted where you can have RAH “Update” your data file for use in 2020 R2.
NOTE: You cannot revert back to a previous version once your file has been opened (updated) to/into R2.
As per the instructions, you should generate & print some financial reports (eg P&L, Balance Sheet) from your current (R1) version file - for comparison, post-update - & always “Verify” & “Backup” the current file before updating.
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
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
(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!)
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OK - so what is the answer about Tax Tables for July1, 2020 (FY2021)? Are we getting an update file? We're running Reckon Accounts Premier (Desktop) Accountant Edition 2019 R2P. Thanks!0
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The normal tax scales didn’t change, refer to Kevin’s post above0
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Hi Paul Foley.
Even though there aren't any tax changes there is a new tax table. It will be in your account.
Go to this page https://members.reckon.com/Login.aspx?ReturnUrl=%2fdefault.aspx
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Hi guys
Could anyone advise as to whether we needed to download the new tax table for 20/21 even though there were no changes? Mine disappeared in the download window. A quick response would be greatly appreciated.0 -
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Yes. thank you. All sorted.1