Why is my tax rate calculating higher then my tax bracket

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Authors Microkeeper

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Why is my tax rate calculating higher then my tax bracket?

Author @Microkeeper

Category Payroll

Last Modified 20/08/2017

Microkeeper calculates tax withheld by averaging a weekly pay over an annualised salary.
Microkeeper's automated tax calculation will always be in the ATO's favour. The higher tax rate may be due to a high estimated yearly wage for the employee's payslip.

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