State Payroll tax Incorrect for 1 st July 2018

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  • Problem
  • Updated 5 days ago
The Threshold for this financial year is incorrect it should be $650,000 not $625,000 and the threshold link doesn't work in Employee drop down
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Danny Loypur

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Posted 3 weeks ago

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Rav, Community Manager

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Hi Danny,
Thanks for raising this, I've had a chat with our product team about this and unfortunately due to the timing of this change it was too late to include in the initial release.

Please check out this KB article for more info -
State Payroll tax changes in NSW and VIC for 2018/19
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Danny Loypur

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Hi Rav
I understand what your saying but the thresholds were announced way before 1st of July 2018. I only changed to Reckon hosted because you guys sell it as the best software to have with the latest tax tables and your software is always compliant. Otherwise I could have stayed with the desktop version if I need to edit things manually.
Regards
Danny
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SusanR, Accredited Partner

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Hi Rav, 
Getting a few clients calling me about this.  Can you please check with the team and advise a date for a TTU?
Warm Regards, Sue
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Nancy May

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Hello, we are regional employers and I have already been changing the report manually to account for the different percentage rate. Would love it if Reckon added both the opportunity to tick a box for regional employers in Victoria as well as updating the default threshold change to their list of "to do jobs" to make that report worth printing. Thanks heaps :-)
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Danny Loypur

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Hi Rav
Any update when the update is coming for the Payroll tax?
Regards
Danny