Question: How do I create a tax scale for the recently introduced “Backpacker Tax”? Solution: Set the Employee Tax Scale to Voluntary/Flat Rate and enter the rate of 15%. The Issue In December 2016 the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from parity with […]
Monthly Archives: July 2019
Question: How do I create a tax scale for the recently introduced “Backpacker Tax”? Solution: Set the Employee Tax Details to Tax Code 8-No TaxC and the Tax% field to 15%. The Issue In December 2016 the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from […]
Question: How do I create a tax scale for the recently introduced “Backpacker Tax”? Solution: Create a new PAYG Tax Scale with percentages for the new backpacker levels. The Issue In December 2016 the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from parity with “Residents” […]
Reckon One Training Videos Were you aware that Reckon has a great series of online training videos for Reckon One users? With these videos you can learn how to navigate Reckon One. There’s heaps of videos to choose from all of which are listed below. Simply click on the topic to be directed to the […]
CC or BCC when emailing Invoices This update allows you to carbon copy (Cc) or blind carbon copy (Bcc) when emailing invoices to your customers. When you’re in an invoice screen you will see where you can add multiple email addresses in the email field by separating with a comma. You will also see the […]
Xero Bank feeds support better Cashflow Xero bank feeds happen daily & make it easy to get an accurate view of how your business is performing. In the near future, Xero will offer access to daily direct bank feeds for some 100 financial institutions in Australia and that means they’ll be connected with 98% of […]