Can i change the State Payroll Tax %

msd71019
msd71019 Member Posts: 1 Novice Member Novice Member
in Accounts Hosted

Hi

Can someone please advise if i am able to change the Payroll tax % from the default4.85%(VIC), as we are classed as regional employer and the rate is reduced to 1.2125%

Thank you

Judy

Answers

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  • Alexis McKeown
    Alexis McKeown Reckon Staff Posts: 504 Reckon Staff Reckon Staff

    Hello @msd71019 ,

    Changing the Payroll Tax globally in Reckon is not supported to my knowledge.

    You can modify each individual employee's tax rates in their employee settings, however, we would recommend conferring with your accountant and/or bookkeeper before modifying these settings.

    Kind regards,

    Alexander McKeown

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  • Acctd4
    Acctd4 Accredited Partner Posts: 3,868 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi @msd71019

    It used to be possible to edit the file - as described in the below article - so I'm assuming this should still be the case:

    https://help.reckon.com/article/7et1r9nc69-kba-5701-state-payroll-tax-changes-in-nsw-and-vic-for-201819

    ๐Ÿ˜Š

    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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