Tax Table Information window
Linked Payables Account |
All payroll taxes are automatically linked to the account you’ve entered in the Payroll Linked Accounts window. If you wish to use another account for this particular tax, enter the account you wish to use. Click the search icon to see a list of all of your accounts. |
Tax Table Revision Date |
This is view-only information. AccountEdge tax tables are current at the time we produce your program disk. However, tax laws change throughout the year. Select Visit MYOB Home Page from the Help menu for information about tax updates. |
All, Married or Single |
Some of these tax methods may be displayed, based on the tax you chose. Choose a tax method to display the information for that tax method. This information is for display purposes only. If you wish to assign a tax method to an employee, use the Payroll Details view of the Card Information window. |
Basic Tax / Wages Overcolumn |
Taxes are calculated on wages above the amount in this column. The name of the column varies based on the tax method chosen. |
Not to Exceed column |
Taxes are calculated on wages below the amount in this column. |
Base Tax / Base Surtax column |
The base tax or base surtax applies to all salaries within the range identified in the previous two columns in this row. |
+ Percent of column |
In addition to the Base Tax is this percent of the difference between the employee’s wages and the amount in the next column. |
Basic Tax / Wages Overcolumn |
The difference between the salary and this amount is liable to the additional percent tax in the previous column. |
From column |
This column shows the lower limit of each tax bracket. |
To column |
This column shows the upper limit of each tax bracket. |
OK button |
Click this button to accept the entries you’ve made and close the window. |
Fields in the Tax Table Information window