Forum Discussion

Lya's avatar
Lya
Experienced Cover User
5 months ago

Payroll: PAYG amount is less than previous payruns

I'd like to confirm if the PAYG amount I see this week in my payrun reflects the new FY2425 tax cut. 

As I can see the PAYG amount is less than what I've paid last week and in the previous payruns of FY2324.

 

Thanks

  • Genreve_S's avatar
    Genreve_S
    5 months ago

    Hi Lya

     

    I get that you want to confirm which tax cut is used for a period. It really depends on the payment date of the pay run. If the payment date is on or after July 1st, the new tax values might apply.

     

    Feel free to start a new thread if you need any more help.

     

    Thanks,
    Genreve

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    5 months ago

    Hi Lya

     

    I get that you want to confirm which tax cut is used for a period. It really depends on the payment date of the pay run. If the payment date is on or after July 1st, the new tax values might apply.

     

    Feel free to start a new thread if you need any more help.

     

    Thanks,
    Genreve

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