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Why is Working Holiday Maker Tax calculating strangely?

Author Dylan Wong@Microkeeper
Category Payroll
Last Modified 24/06/2024

Microkeeper's PAYG calculation, for Working Holiday Makers will use the annualized wage to deduct the PAYG. 

This is a custom calculation that ensures if are expected to earn over $45000 annually they are not undertaxed, and then owe a large tax bill at the end of the Financial Year. 

However, it is possible to manually update the tax percentage if the employee prefers the 15% calculation.

This is done in the Tax Details of the Employee Profile, under the Tax Rate Fix Percent area.