MYOB Acumatica - Setting up Working Holiday Maker Employee
Hi All,
We recently hired an employee from the US on a Working Holiday Visa. From our understanding, we need to register as an employer of working holiday makers in order to apply a tax rate of 15% on earnings up to $45,000; otherwise, the rate defaults to 30%.
I've entered the payroll information into the system, but I've noticed that it is automatically setting the tax rate at 30%. Additionally, there's a warning message indicating, “Company not set as a registered employer for working holiday makers.”
I'm unsure how the system determines whether we are registered or not. I couldn't find an option in MYOB to indicate our registered status. I’ve attached screenshots of our pay settings for your review.
Any advice or assistance would be greatly appreciated.
Thank you very much!