Settings and activity
3 results found
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63 votes
Hi everyone, thanks for your feedback on this. We appreciate you sharing how important it is to be able to add an additional percentage on top of PAYG.
As you’re aware, you can increase the amount of tax withheld each pay, however the figure must be a fixed amount.
We understand some of you have been using workarounds like manual calculations or withholding variations, which create challenges if employees earnings are not fixed.
While this feature isn't currently on our roadmap, we've updated this idea to Accepted, so that it’s up for formal consideration.
We're grateful for your continued input as it helps us understand what matters.
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Meredith Hammond
supported this idea
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32 votes
Thanks for your patience whilst this idea is gaining traction.
We've reviewed this idea and have updated it's status to Gaining Support.
Whilst this idea isn't currently on our product team's roadmap, we're monitoring the activity and will keep you updated on the way.
An error occurred while saving the comment Meredith Hammond
commented
To simplify payroll it would be great to be able to load more than one account for the payroll batch to be processed from. We currently pay our staff from the salaries bank Account and the Manager from the Owners Bank Account. If there was the option to nominate a different debit account this would enable my payroll to be processed as a batch. Also I would like to be able to batch a transfer for PAYG Tax and Super to go from the Salaries Account to a that bank account.
Meredith Hammond
supported this idea
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225 votes
Hi everyone, we'd like to share an update with you all.
We've begun release of a deposits solution powered by Stripe to a small group of customers, and expect to roll this out over the coming months.
We appreciate progressive payments for businesses that work on more of an instalments flow is a little more complex than what will be available initially with deposits.
We do have intentions to expand on this feature overtime, and I'll continue to keep you updated with further news on deposits and progress payments.
Meredith Hammond
supported this idea
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First time i have had an employee request a % amount to be taxed over and above his normal. Cant believe that Xero does not allow for this calculation. Manually having to calculate this percentage every pay week is simply not OK. Fix it. if the ATO allows for employees to do this then the accounting program should also comply.