Payroll Item PAYG Item

Kathyd
Kathyd Member Posts: 131 Reckoner Reckoner
in Accounts Hosted

What items are subject to PAYG Tax. At present we have all OTE & Overtime payroll items plus any Salary Sacrifice Super Fund ticked. We do not have the SGA Super Funds ticked. Is this correct?

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  • Acctd4
    Acctd4 Accredited Partner Posts: 4,208 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi Kathy!

    Yes, this is correct. The PAYG Tax selection isn't necessarily what attracts PAYG but what "impacts" it - The reason SS Super is selected is because it reduces PAYG (If you leave it unticked it won't reduce the gross pay by the SS amount!)

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  • Kathyd
    Kathyd Member Posts: 131 Reckoner Reckoner

    many thanks. I think Im starting to get myself confused.

  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner

    Did you look on the ATO website

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