TAX DEDUCTED FROM AN EMPLOYEE WHO IS NOT CLAIMING THE TFT....

  • 1
  • Question
  • Updated 3 years ago
Hello All,

I have a new employee who does not wish to claim the TFT.

I have set him up in payroll and selected the option 1-NO TFT.

His weekly Gross is $1183.46 so his tax deducted taking into account the NO TFT should be $367.00, but for some reason my payroll wants to deduct $411.00 from him??

Have I set something up incorrectly somewhere?

I have upgraded to 2016 version of QB and should be getting correct tax table info, but something somewhere is not correct?

Help please :)

Thankyou in advance.

Sarah
Photo of SR

SR

  • 1,200 Points 1k badge 2x thumb

Posted 3 years ago

  • 1
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
No you havent set it up incorrectly. You can take out additional by setting it up on his card.
Photo of SR

SR

  • 1,200 Points 1k badge 2x thumb
Would you be able to expand on the above please Kevin?????
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
Certainly
Photo of Andrew

Andrew

  • 22,222 Points 20k badge 2x thumb
Kevin, you're so full of useless comments these days.....
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
No idea what it is to which you are referring Andy. Anyway im clocking off for the day.
Photo of Charles van Rotterdam

Charles van Rotterdam

  • 9,872 Points 5k badge 2x thumb
I've just done a pay on mine for the same amount and it takes the correct amount of 367.00. Have you perhaps ticked the HECS HELP Boxes or added more tax to be taken as Kevin has suggested might happen
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
Sarah, are you there? Have you looked at the EXTRA TAX box on the employee card?
Photo of Lesley Xerri Accredited Consultant

Lesley Xerri Accredited Consultant, Accredited Partner

  • 1,082 Points 1k badge 2x thumb
Hi Sarah,
Just did a quick calculation and you are taxing his Super.  In the Super payroll item untick PAYG Tax.
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
Sarah this is peobably highlighting a bigger issue. Have you had any help setting this up? This seems like a pretty basic mistake to make. It might be time to get a fresh set of eyes to look at it
Photo of SR

SR

  • 1,200 Points 1k badge 2x thumb
Thanks for your help Kevin, I managed to fix my "basic mistake" with my own set of "fresh eyes" ;)
Photo of Kevin Russell

Kevin Russell, Accredited Partner

  • 52,814 Points 50k badge 2x thumb
Happy to help Sarah. Cheers