Adding and updating your Payroll Tax rates.
When preparing for the New Financial Year, review and update your Payroll Tax rates by updating the relevant state payroll rates and/or thresholds if required.
In this article, we will go through:
- Adding a new Payroll Tax rate
- How to update or delete an existing Payroll Tax rate
Looking to edit tax on a payslip? See the Processing pay for your employees article!
Looking to add or edit the Payroll Tax State for an operation? See the Adding/editing Payroll Tax State for an operation article!
A new Payroll Tax rate can be added to your platform at any time.
To add a new Payroll Tax Rate:
At the end of each financial year, you may be required to update your existing Payroll Tax rates.
Please note: When entering a new financial year, it's crucial to review and update your Payroll Tax rates (if necessary) from the first pay period of the financial year.
To update an existing Payroll Tax rate: