WHM - Working Holiday

Marilyn Strauss
Marilyn Strauss Member Posts: 21 Reckoner Reckoner
in Reckon Accounts (Desktop)

I need some help - I have employee that should have been registered as a WHM - Working Holiday last financial year. I am trying to correct this for the new financial year. I have changed the Income Type and entered her home country but the tax has not changed. Could someone please advise.

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,612 Reckon Community Manager Community Manager

    Hi @Marilyn Strauss

    The Income Type and Home Country fields are for reporting purposes only. It doesn't affect an employee's tax calculations. What have you entered for the tax settings in their profile? eg. tax code

    Merry Christmas & Happy New Year everyone! 🎅🎆

    I'm on leave from 23 December and back on deck again January 6th.

    If you're working through the holiday period, we've got support available and you'll find our holiday hoursHERE.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,820 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi Marilyn

    The tax needs to be changed by you in their record:

    image.png

    NOTE: This lower (15%) rate is ONLY applicable if you have registered as a Working Holiday Maker Employer:

    https://www.ato.gov.au/Business/Registration/Work-out-which-registrations-you-need/Taxation-registrations/Employer-registration-for-working-holiday-makers/

    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!)
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,612 Reckon Community Manager Community Manager

    Just adding to Shaz's reply, there is a new Registered Employer for Working Holiday Makers option in the Company Information section. More info in the guide below -

    https://help.reckon.com/article/hhbpmmaxse-stp-phase-2-reckon-accounts-user-interface-changes#are_you_a_registered_employer_for_working_holiday_makers


    Merry Christmas & Happy New Year everyone! 🎅🎆

    I'm on leave from 23 December and back on deck again January 6th.

    If you're working through the holiday period, we've got support available and you'll find our holiday hoursHERE.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,820 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Yep ... Although apparently this checkbox doesn't do/affect anything @Rav 😬?

    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!)

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