You may have heard the ATO has released new PAYG Withholding Tax Tables effective 1 October 2016. Accordingly, MYOB have released new updates to their software to ensure that its up to date. If you are a MYOB user, it is important that the updates are run before your first payroll in October is processed.
These updates only apply to those who use the payroll function in their MYOB software.
For those who use MYOB v19, the upgrade is available through your my.myob log in. Instructions on how to run the update can be found here http://help.myob.com/wiki/pages/viewpage.action?pageId=12583963
And for those of you who use MYOB v2016.2 (Cloud or online version), you will be prompted to update the file when you next log in.
PDF Copies of the updated Tax Tables can be found on our website by clicking here and as always, if you require assistance with any of the updates, please do not hesitate to call our friendly staff at HQB Chartered Accountants.
Posted 29.9.16
The information we are providing to you is purely factual in nature and does not take into account all of your personal objectives, situations or needs. The information is objectively ascertainable and, therefore, does not constitute as financial product advice. If you require personal advice you should consult an appropriately licenced person or authorised financial advisor, such as HQB Financial Solutions Pty Ltd.
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