WHM - Working Holiday
I need some help - I have employee that should have been registered as a WHM - Working Holiday last financial year. I am trying to correct this for the new financial year. I have changed the Income Type and entered her home country but the tax has not changed. Could someone please advise.
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The Income Type and Home Country fields are for reporting purposes only. It doesn't affect an employee's tax calculations. What have you entered for the tax settings in their profile? eg. tax code
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Hi Marilyn
The tax needs to be changed by you in their record:
NOTE: This lower (15%) rate is ONLY applicable if you have registered as a Working Holiday Maker Employer:
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***
* 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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Just adding to Shaz's reply, there is a new Registered Employer for Working Holiday Makers option in the Company Information section. More info in the guide below -
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Yep ... Although apparently this checkbox doesn't do/affect anything @Rav 😬?
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***
* 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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