This is absolutely critical. I have a client that pays bonus's and commissions to 20+ employees every week and doing manual tax adjustment is extremely time consuming. As these bonuses and commissions related to a single pay period tax needs to be calculated using the standard PAYG withholding tax table as per ATO ruling.
When you add a bonus and commission pay category in Xero can we please have an option there to select the standard PAYG withholding tax table OR schedule 5.
Suzi Silvester
supported this idea
·
Hi Xero,
This is absolutely critical. I have a client that pays bonus's and commissions to 20+ employees every week and doing manual tax adjustment is extremely time consuming. As these bonuses and commissions related to a single pay period tax needs to be calculated using the standard PAYG withholding tax table as per ATO ruling.
When you add a bonus and commission pay category in Xero can we please have an option there to select the standard PAYG withholding tax table OR schedule 5.