New PAYG Tax Tables come into effect from 1st October 2016.
The Australian Government has increased the 32.5% tax threshold from $37,001 - $80,000 to $37,001 - $87,000. As a result, tax tables have changed for employees who earn over $80,000.
The updated tax tables are available in the latest Wilmat Payroll Version, V3.17, which is now available for download. Select Update Payroll from the Wilmat Payroll Files menu to access this update.
This update also includes a number of tidy up type changes as well as a new Help file.