HELP tax table for 2019/2020 payroll

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Kristy
Kristy Member Posts: 21 ✭
edited July 2020 in Accounts Hosted
I've updated my Reckon file to the latest 2019 R2 version and run my first payroll in June. I have two employees that have a HELP debt and it has taken less tax for these two employees. Can you tell me why it has done this? I can't see a new HELP tax table on the ATO website.

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  • Adrian_6974554
    Adrian_6974554 Member Posts: 191 ✭✭
    edited July 2019
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    The HELP Table has been replaced, with a new table

    https://www.ato.gov.au/Rates/Study-and-training-support-loans-fortnightly-tax-table/

    Adrian
  • John Graetz
    John Graetz Member Posts: 1,651 ✭✭✭
    edited July 2020
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    Kristy.  If you have the ability to get the ATO app on your phone, you would be able to do an immediate check.  There is also an online version on the ATO website which you can also use to do a check.  These are very handy tools for checking purposes.
    John L G
  • Kristy
    Kristy Member Posts: 21 ✭
    edited July 2019
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    Ah, the good old tax office changing the name of these loans!  Thanks for your help Adrian and John, much appreciated.

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