2 years ago
Company paying extra tax for employee
Hi guys Can my Company pay extra tax for my employees? I am wanting to add to their tax, from the Company, a few extra dollars each week.
Hi Sai
Thank you for getting back to me.
Does that mean I will put in the payable linked account to PAYG Withholding
and the expense linked account to Wages and Salary?
Hi Kirsti1
You don't need to do anything except enter it in the employee's card as extra tax each pay and the system will do the entries correctly and report total wages and tax correctly.
Hi Julie
Processing this as extra tax, would this would reduce their nett income or will the extra tax increase their salary?
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