How do I load my tax tables?

The first step in the Easy Setup Assistant asks you to load your tax tables. To do so, simply click Load Tax Tables. Once complete, take care to check the date of these tax tables. (If for some reason you’re not currently in the Easy Setup Assistant, you can check this date by going to the Taxes tab in your Payroll Categories list and double-clicking on PAYG Withholding.)

If your tax table revision date is more than 12 months old, you need to check whether there have been any more recent tax table updates. To do this, simply click Check for Updates (found under the first step of the Easy Setup Assistant).

If your tax tables are out of date, then you almost certainly need to upgrade your version of MYOB software (in recent years, it hasn’t been possible to buy tax tables separately). Note that if you subscribe to MYOB Cover, you automatically receive software updates every time tax tables change.

Updating tax tables using MYOB Payroll 

If you're already using MYOB Payroll, and you need to update your tax tables, you can do so without going into the Easy Setup Assistant. Instead, go to the Accounts command centre, click Company Data Auditor, and from there click Load Tax Tables.

The contents from this page are taken from Making the Most of MYOB Payroll, 2nd edition, by Veechi Curtis, available online for only $19.95

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