Work out how much tax to withhold

 

Tax tables are an easy way to work out how much tax you need to withhold when paying your employees. You can:

  • view these tables online and in most cases, download them
  • also use the ATO online tax withheld calculators.

The online tax tables and calculators are kept up-to-date by the ATO so you can always withhold the right amounts for each of your employees. However, if you use payroll software, contact your payroll software provider for the relevant updates.

Watch the ATO webinar to help you understand your end of financial year tax responsibilities as an employer.

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Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.

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