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

  • Zappy
    Zappy Accredited Partner Posts: 5,256 Accredited Partner Accredited Partner

    No you cant and thanks for asking

    You could always calculate it manually like you would in Xero or Intuit or Myob

    Good question by the way


    Zappy

  • Alexis McKeown
    Alexis McKeown Reckon Staff Posts: 596 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

    Alexis McKeown

    Reckon Senior Technical Support
    Working hard since 2018
  • Zappy
    Zappy Accredited Partner Posts: 5,256 Accredited Partner Accredited Partner

    Alex the OP asked about PAYROLL TAX. Payg tax is totally different. Payroll tax can be calculated manually but its not easy.

    Judy, give me a call

    Zappy:)

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,216 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

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  • Zappy
    Zappy Accredited Partner Posts: 5,256 Accredited Partner Accredited Partner

    Sharon have you ACTUALLY done this?

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