PAYG tax is calculated higher in 2023 Desktop Accounts version

Anthony Keogh
Anthony Keogh Member Posts: 4

I have finalised the EOFY for all my staff in 2022 Desktop accounts.

I have installed 2023 Desktop accounts and completed the STP2 conversion for each staff member.

However, when I complete a payrun in 2023 it is taking out substantially more PAYG than under 2022 given the same Gross Amounts for all employees.

The tax table I am using is 2344321. However I can't open the Tax Table Info either.

What could be causing this issue.

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,188 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 11

    Hi Anthony

    Have you set up any new Payroll Items since upgrading ?

    Check your Payroll Item configurations to ensure PAYG is not calculating on any Super (check both the PAYG & Super ones)

    Also, the HELP income limits reduce each year for compulsory repayments so if you have any employees with HELP debts - particularly if they've also had pay increases - that will mean they may be paying more tax 😬

    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

    [email protected]

    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: 15,092 Community Manager Community Manager

    Hi @Anthony Keogh

    Can you please provide a breakdown of how the pay run has been constructed for these employees and the tax settings you've entered in their profile etc.

    What is the current tax that is being calculated in the pay run vs what do you expect them to be?

  • Anthony Keogh
    Anthony Keogh Member Posts: 4

    Thanks for your help. I was charging PAYG on Superannuation in QB 2023 software which was calculating a higher PAYG tax.

    Really appreciate your help

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,188 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Yep, that’ll do it @Anthony Keogh 😬

    Good to hear you got it sorted ☺️

    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

    [email protected]

    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!)