PAYE Tax & SL different from IRD calculations - Accounts Hosted 2020 new update
Employees with 130k annual salary fortnightly pay PAYE calculation is different in Reckon compared to IRD calculation. Could you let me know why this is, please?
I also find that the Student Loan deductions are different in Reckon from what IRD calculated too.
Could someone let me know why this is or how to fix it to match IRD deductions, please?
Comments
-
Hi Sepalika
In Australia we have the ATO (& PAYG) rather than IRD (& PAYE) so I’m wondering if you are in NZ & have setup/are using the AU version rather than the NZ version ?
Although the interface will essentially be/look the same as the Australian version, the NZ Reckon Accounts Hosted (like NZ RA desktop programs) is configured specifically for NZ taxes/payroll etc.
For the NZ RAH, you should be logging in via: https://hostednz.reckon.com/RAHV2/ReckonAccountsLogon.aspx
For the AU RAH, you should be logging in via: https://hosted.reckon.com/RAHV2/ReckonAccountsLogon.aspx
Shaz Hughes Dip(Fin) ACQ NSW, MICB
Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)
Accounted 4 Bookkeeping Services
Ballajura, WA
0422 886 003
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
(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!)
0 -
Thanks Shaz.
Found out after doing a bit of searching that IRD (NZ) online tax calculator is somehouse making a mistake compared to their official 2021 Tax tables.1
Categories
- All Categories
- 6.8K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 18 📢 Reckon Payroll - Announcements
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 73 About Reckon Community