What if I need to change a working holiday maker's tax table throughout the year?AccountRight will calculate the applicable tax to withhold from the first pay after changing the employee's tax table. However, previous pays and tax already withheld won't be taken into account. So if you change an employee's tax table during the year, be aware that the employee might pay too much or too little tax for the year. We suggest you speak to your accounting advisor or the ATO about the implications of changing tax tables during the year. This ensures you'll stay on the right side of the ATO's rules—and stay in the good books with the employee. |