Tax tables -
Debbie_8319109
Member Posts: 4 ✭
Just finished the first pays for 2016/17 and the tax is $20 more than last pays. There hasn't been a tax increase that I know of?
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Comments
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Hi Debbie,
Do you have any employees under a Higher Education Loan Programme (HELP)?
There have been changes to HELP and SFSSℹ️ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.
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Hi Debbie. Is that the case for everybody in the pay or just an isolated person? I have also run a pay today using the 2016 update tables and there has not been any change with any of my employees. There should not have been any change in general. John L G0
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We started up a brand new company for the new FY so it has something to do with how I have set it up! Been backward and forward from last years and new and can't find any differences! Any suggestions.0
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I don't see how you could do anything yourself to change things Debbie, unless you have elected to change the rate for everybody by requiring an extra $20 to be taken out each pay or last year you had $20 taken out less than it should have been.. Apart from what Rav mentioned, there have been no general changes in the tax scales now for 3 years. Perhaps it might be worthwhile to run Rebuild, say two of three times and see if that fixes the problem. Apart from the one customisation that I mentioned above, I am not aware of any other settings that can be changed by the user. You didn't answer whether or not an exact $20 discrepancy is happening for everybody. Have you checked the actual tax calculations against the ATO's Tax Calculator?
John L G0 -
I have not seen any changes in my employee pays either. Was there meant to be one?
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No Tanya. There is no change to what was happening. Because of the election, legislation for changes to tax rates will only happen after a new Government is elected. John L G0
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Hi Debbie, Edit the Super item in the new file and make sure it doesn't have PAYG ticked, that is one common reason for too much PAYG to be calculated. Regards Neil1
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THanks Neil that was the solution!!0
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