Small Business News

Have you updated your PAYG Witholding Tax Tables for 2011/2012?

05-08-2011

Marginal Tax rates have changed slightly, and the Flood Levy has been introduced and applies to individuals with a taxable income greater than $50,000.

To view the new pay as you go (PAYG) withholding tax tables go to www.ato.gov.au/taxtables

Also, if you are using an accounting software package (eg. MYOB or Quickbooks) to process payroll, you need to upload the 2011-2012 tax tables into the software.
If you need assistance with this please contact us.

Logan Business Services ... helping your business grow
P: 0433 086 245 F: 07 5547 7711 E: sarah@loganbizservices.com.au
PO Box 315 Jimboomba QLD 4280
ABN: 34 304 683 891
(*Free 30 minute consultation is available to new clients located in Logan and Beaudesert areas)