Forum Discussion

Trusted Cover User

5 years ago

Payroll PAYG Tax rates July 2020

I have upgraded to MYOB 2020.2.23.9038 but Tax Table Revision date still showing as 1/7/2019 Is that because there are NO changes to tax rates for 2020-21 year

Payroll

Steven_M
5 years ago
Hi bamma

With AccountRight 2020.2 onwards, tax tables are automatically updated.

So on the 01/07 that value will be updated and AccountRight 2020.2 will show 01/07/2020 and use those new tax tables going forward.

Steven_M

Former Staff

5 years ago

Hi bamma

With AccountRight 2020.2 onwards, tax tables are automatically updated.

So on the 01/07 that value will be updated and AccountRight 2020.2 will show 01/07/2020 and use those new tax tables going forward.

TWalton
Contributing Cover User
5 years ago
My Tax tables are still showing as 1/7/19?
- Melisa_D
  Former Staff
  5 years ago
  Hi TWalton,
  
  Thank you for your post. The Tax table revision date automatically updates as soon as you select the Pay Period for the employees, when you click next it will be updated on the right hand side of the Process payroll window.
  
  I've attached a screenshot;
  
  Please do let us know if you have any further questions.
  - TWalton
    Contributing Cover User
    5 years ago
    yes thank you for that