How do I create a tax scale for the new “Backpacker Tax”?

Rav
Rav Administrator, Reckon Staff Posts: 13,645 Reckon Community Manager Community Manager
edited October 2024 in Reckon Accounts (Desktop)
In December 2016, the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from parity with “Residents” (Tax Code 2-TFT) to a special category of “Non Residents” (Tax Codes 3NonRes and 8-No TaxC).

Please see our Knowledge Browser article here for details on handling these changes with Reckon Accounts Business.

Backpacker tax rate in RAB

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 13,645 Reckon Community Manager Community Manager
    edited January 2017
    Hi Lucky,

    The link to the article in the post above is available directly here - http://kb.reckon.com.au/issue_view.asp?ID=5510

  • Rachel Whitehouse
    Rachel Whitehouse Member Posts: 14 Novice Member Novice Member
    edited February 2017
    Thanks Rav. I do have one question though - my tax seems to be rounding. For example the amount taxable was $30.77, 15% should be $4.61 but I am getting $5.00. Any ideas?
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