Tax category set up

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bella_10864825
bella_10864825 Member Posts: 19 Reckoner Reckoner
in Accounts Hosted

I have set up a new casual employee and selected the Actor TFT in error. Is there a way to delete that as I can't seem to change it.

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 14,371 Reckon Community Manager Community Manager

    Hi @bella_10864825

    What's happening specifically when you attempt to remove the Actor TFT tax category from the employee?

    image.png

    Is there a particular message or error appearing on-screen? If so, what is it? If you could provide a screenshot here that would be great.

  • bella_10864825
    bella_10864825 Member Posts: 19 Reckoner Reckoner

    Hi Rav

    I don't get an error message it's just that I can't clear it even though it appears in blue.

    Sorry I don't know how to do a screen shot. In the end I terminated the employee and set him up again.

  • Reeta
    Reeta Reckon Staff Posts: 290 Reckon Staff Reckon Staff

    Hi @bella_10864825 ,

    If you'd like to change the STP tax category, it's quite simple. Just follow these steps:

    1. Click on the drop-down arrow next to the STP tax category field.
    2. At the top of the list, you'll see a blank space ( shown in green box below ). Simply click on that blank space and leave it empty. This will ensure that no tax category is selected.
    image.png

    Note: It’s crucial to select the correct income type and tax category to ensure that your tax calculations are accurate. Selecting the wrong category may result in incorrect tax reporting.

    If you're unsure about which category to choose or if you're feeling confused about the options, it's always a good idea to consult with your Accountant. They can help you determine the correct tax category based on your specific situation.

    Please don’t hesitate to reach out if you need any further assistance!!

    Kind regards,

    Reeta

  • Eurowindow
    Eurowindow Member Posts: 2 Novice Member Novice Member
    https://community.reckon.com/discussion/comment/20653380#Comment_20653380

    Hi Reeta,

    Thanks for the instructions.

    I’ve done the same as @bella _10864825 and followed your guidance to change the field to blank. I just have a quick question:

    Do we need to take any further action to update the correction of the STP Tax Category with the ATO? Should we submit an update event for the STP submission to reflect the changes?

    Thanks again for your help.

    Kind regards,

    Yujun

  • Reeta
    Reeta Reckon Staff Posts: 290 Reckon Staff Reckon Staff

    Hi @Eurowindow ,

    Welcome to Reckon community !!

    Submission of the update event is not mandatory in all cases, as Year-to-Date (YTD) figures are typically submitted to the ATO with each pay run. However, if you wish to confirm the changes, you may choose to send the update event.

    Please refer to the KB article I have attached below for instructions on how to submit the update event.

    https://help.reckon.com/article/12uecj5nod-update-event

    I hope this helps.

    Regards,

    Reeta

  • Eurowindow
    Eurowindow Member Posts: 2 Novice Member Novice Member
    https://community.reckon.com/discussion/comment/20656578#Comment_20656578

    Hi Reeta,

    Thank you for your advise.

    Best regards,

    Eurowindow

  • Reeta
    Reeta Reckon Staff Posts: 290 Reckon Staff Reckon Staff

    Hi @Eurowindow ,

    No problem at all 😊

    If you have any more questions , don't hesitate to get in touch with us !!

    Regards,

    Reeta

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