Help Debt in Reckon Hosted

Barbara Allen-Guthrie
Barbara Allen-Guthrie Member Posts: 114 ✭✭

Hi is this calculated automatically on the wages an employee earns and therefore recalculated to new rates for 2023/24?

I have a casual on an hourly rate and have ticked the Help Debt but no idea how much it is taking out, should I be able to see this?

It does not show up on her payslip.


  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    I believe the help debt is included in the total tax, and not broken down in any way. The updated version will calculate correctly. If you want to check you can look at the tax table. I find the ATO app on phone very handy, check the amount without HELP and compare with Reckon. I don’t know a lot about it but as it is based on income it may not always deduct any extra. If you find that to be the case and the employee wants extra deducted you can manually override the tax amount, or even set it up permanently in the employee’s record.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,169 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hi @Barbara Allen-Guthrie

    Yes, it resets each FY & yes, when applicable, it will be included in the total PAYG Tax amount shown, not as a separate line.

    The system calculates PAYG Tax by annualising the gross amount on the Paycheque - to determine if the relevant threshold will be exceeded - then will pro rata it, according to the pay cycle.

    Therefore, unless the employee is also on a very high income or not claiming the TFT, the extra tax will not be applicable yet ☺️

    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]

    (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!)