Reckon Accounts Business (Desktop) - New Tax Tables
RECKON ACCOUNTS BUSINESS (DESKTOP) - OCTOBER TAX TABLES
The Government announced changes to personal income tax thresholds for the 2020-21 income year in the 2020 Federal Budget. Changes to income tax tables took effect from 13 October 2020.
Reckon Accounts tax update
We have released a new tax patch of Reckon Accounts that includes the updated 2020-21 ATO PAYG tax tables. You must install this update to remain payroll compliant for the 2020-21 financial year.
Prior to installing, please read the Installation & Upgrade Guide below.
Click HERE to download and install the new tax tables for Reckon Accounts Business 2020 (Desktop)
Note: The new tax table calculations will apply to payments made on or after 13 October 2020. Ensure you process employee pays for up to 12 October 2020 prior to installing this update; otherwise the pay calculations may not be correct. Find out more about the 2020 October tax update here.