Withholding employee tax

Withholding employee tax

Are you unsure about the amount you should be withholding from your employees’ wages for tax contributions? Making sure you withhold the right amount of tax is the most important way of ensuring that your employees’ EOFY requirements are met, and they aren’t left owing the ATO money. 

You can work out how much tax to withhold by downloading useful tax tables and other resources from the ATO’s website, using their calculators.

 

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