Create A New Tax Table

For most employees, a tax rate can be a selection from the options provided by the ATO. Others may need to create a customized tax table.

Important

This method cannot be used for Working Holiday Makers.

To Setup A Customised Tax Table: 

1. In the Wagemaster, click Setup > Tax > Tables.
   
   
   
   
2. Click Add.
   

   
   
   

3. The Add Tax Table Details window will display.
   • Description: Type a meaningful name in the description e.g. 20% tax.
   • Weekly Earnings (x) Less Than $: Type a large figure in the weekly earnings(x) Less than $ box e.g. $99,999.99. 
   • a: Type the percentage figure that you require as the employee’s tax rate (for example 0.20) for 20% tax.
   • b: Leave box b empty.
   • Click OK to complete.
     
     

Next Step:

Setup Bank Accounts