Extra tax

Rachael Bonello
Rachael Bonello Member Posts: 37

I have an employee that wants to pay an extra $80 tax per week. How do I set this up?

Comments

  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner
    edited July 2022

    Firstly you must have the employee's request in writing.

    Then:

    • process their pay as per normal
    • manually adjust the tax by the $80; see image. In this case the the PAYG would become -1848.00
    • this will then adjust the net pay due to the employee
  • Kris_Williams
    Kris_Williams Member Posts: 3,250 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    If you go to the employee’s details, and click on the taxes tab, you can extra the $80 as extra tax so it automatically gets added onto the ordinary tax. Are you paying wages weekly?

  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner
    edited July 2022

    @Kris_Williams I've been using Hosted and QuickBooks for too many years to remember, but clearly I still have things to learn 🙂

    

  • Kris_Williams
    Kris_Williams Member Posts: 3,250 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Me too Bruce, I also have almost 30 years up my sleeve but still learning.

  • Rachael Bonello
    Rachael Bonello Member Posts: 37

    In the extra ta x it has a percentage though....yeah paying weekly

  • Kris_Williams
    Kris_Williams Member Posts: 3,250 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2022

    extra Tax tab is 0.00, not%