Employee tax codes

earthmoving1 · August 16

Hi, All our employees are claiming the tax free threshold so I have them coded to 2-TFT. However it has been brought to my attention that they have all been overtaxed . I checked on the ATO employee tax calculator and it seems that this is correct. They have all been overtaxed. Can someone please advise what tax code I should be using. Thank you. Wendy

Acctd4 · August 16

Hi Wendy

Check your Super Payroll Items aren’t ticked for PAYG

Acctd4 · August 16

Glad you got it sorted Wendy ☺️

earthmoving1 · August 16

Hi Shaz, Sorry if I seem ignorant but I am not sure where to find 'Super Payroll Items' referring to the PAYG.

THank you

earthmoving1 · August 16

Hi again Shaz, I worked out what you meant and that what was wrong. Thank you so much. You are a legend. Kind regards Wendy

Employee tax codes

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Shaz Hughes Dip(Fin) ACQ NSW, MICB

* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

Accounted 4 Bookkeeping Services

Ballajura, WA

(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!)

Shaz Hughes Dip(Fin) ACQ NSW, MICB

* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

Accounted 4 Bookkeeping Services

Ballajura, WA

(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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