How do I change the tax rate for my employee - he wants to pay less tax each week?
Options
Stephanie_9173120
Member Posts: 5 ✭
Changing the tax rate for an employee - he wants to pay less PAYG
0
Comments
-
You can set him up as a % or a fixed amount in the employee setup
However if he wants to pay less PAYG then he ends up with a bill from the ATO at the end of the year
0 -
Thanks Charles where exactly in the set up can I do a fixed amount? He is aware of the EOFY implications.0
-
Go to the Employee Centre, double click or edit employee and there under drop down for payroll, click on Taxes, change the Tax Code to No Tax that nothing is taken and then at the bottom you'll have an "Extra Tax' box, tick that and put in the amount you want to take1
-
Yes we have written confirmation from the ATO to alter the PAYG amount on his pay.
Thanks for your help!
1
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 63 About Reckon Community