In chapter 7 on page 151, it states that:
* Tony contributes $20 additional tax each pay
Is this supposed to read ‘additional superannuation’ ? Either way, I can’t seem to see this figure being applied when looking at the Net pays.
Can you please clarify?
I am currently on the Xero Advanced course on Chapter 9 Page 67
an employee has requested a salary sacrifice superannuation to be deducted from his gross salary before PAYG is calculated in which was successful once I had saved that deducted however when I went or when I go to test the salary sacrifice by running a pay run or editing a pay run I have not been successful on.. and want to know if anyone has experienced this issue, as when I go to select the fortnightly calendar pay run for the fortnight of 14th September it states that their is no employees in that fortnightly calendar.
look forward to your reply
It states additional Tax.
A person can complete a withholding variation to upward vary their tax commitment.
It would be found in the PAYG, however the student edition MYOB does not have current tax tables, so you may not see this change. This is fine though as you will not be assessed in Payroll for this unit.
This content for learning purposes can be found in the Payroll unit or you can also find it on the ATO website.
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