Further to our article posted on 26.10.2020, and in line with the recent changes to personal income tax thresholds, the new tax tables for MYOB AccountRight users are now available.
The steps to download the updated tax tables will depend upon which version you have:
Please note that you have until 16 November 2020 to implement these changes into your payroll.
Unfortunately, for AccountEdge users the update is still not available, however we will keep you updated on the progress of this.
For any of our Xero users, the update will be completed automatically so you will not have to do anything to implement these new tax tables.
If any of our clients use any other accounting software and require assistance with implementing the new tax tables, please do not hesitate to get in touch with one of our helpful staff.
– Catherine Stojcevska
This article is compiled as a helpful guide for your private information and is subject to copyright. We suggest that you do not act solely on the basis of material contained in this article because items are of general nature only and may be liable to misinterpretation in particular circumstances. We recommend that our advice be sought before acting on any of these crucial areas.