Payroll Tax calculation is wrong
Hi
I started using a new superanuation expense account from 1/7/22 - to start fresh with the new 10.5% rate and no minimum wages requirement.
My problem: The new superannuation expense is not being assigned to the Superannuation category on the Payroll Tax Report.
I definitely have the superannuation set up as 'Superannuation Guarantee (expense)' and the superannuation expenses of employees have definitely gone to that superannuation category.
I am in ACT (and hence ACT Payroll Tax applies).
There does not appear to be a place to allocate superannuation to the Payroll Tax report - like there is with wages. Hence, it seems that the system does it automatically (by picking up all superannuation expense accounts??) This makes me wonder whether it is a software fault.
Help please.
Relevant reports are attached.
Thanks.
Karen
Hi 6203
If you go to Payroll>>General Payroll Information>>Set Up Payroll Tax is that category (Super Guarantee (no threshold) ticked within that window?