PAYG Is Calculating too high. What can I double check?

Vicki_10862349 · May 3

I have double checked the payroll items as per previous discussions. Can anybody advise what else I've possibly done incorrectly?

Kris_Williams · May 3

I don’t think it’s the wrong tax bracket for the employee but check that first of all in the employee details - TFT 1 or 2

Secondly while you’re there look at the extra tax box and see if it is set to take extra tax

Acctd4 · May 3

@Vicki_10862349

Do they have a HELP (previously “HECS”) debt ? Check if this has been incorrectly ticked in their Taxes tab.
The Paycheque pay period dates shows it's for a week. Is that correct or should it be for a fortnight ?

Make sure you also check that "Vision - SY" Super Payroll Item (Sometimes this can be inadvertently selected for PAYG & needs to be unticked 😬)

Vicki_10862349 · May 4

Hi Kris and Sharon,

Thanks for your help. It was the super - pays to double check!! I'll check them all again manually tomorrow when I run payroll and make sure they're calculating correctly.

Kris_Williams · May 4

Good on you thanks to @Acctd4

Acctd4 · May 4

Good to hear @Vicki_10862349 ! 👍🏻👏🏻

PAYG Is Calculating too high. What can I double check?

Answers

Categories