Tax

Each year in June the ATO publishes the Tax Scales for the upcoming tax year on the software developers website. From these, Megabus creates the necessary tax tables in Marlin HR and distributes them to customers in a Marlin HR update so that they...

Marlin HR reports a TFN may be incorrect A Tax File Number (TFN) is normally 8 or 9 characters long and Marlin HR uses a formula provided by the ATO to validate the TFN. The ATO have advised that in an extremely low per centage of cases the for...

How do I adjust the tax amount on a pay run? The procedure for adjusting the amount of tax is the same regardless of whether it is a Normal, Adjustment or Termination Pay Run. Initialise the pay run then select the employee. Click on the 'Tax'...

You may have an employee with an education related debt to be repaid to the ATO via their PAYG Tax. Typical loans include: HELP (HECS) Higher Education Loan Program SSL Student Start-up Loan ABSTUDY SSL ABSTUDY Student Start-up Loan ...

According to the ATO website, fringe benefits tax (FBT) is a tax paid by employers on certain benefits provided to their employees, or to their employees’ family or other associates. FBT is separate to income tax. It's calculated on the taxable va...

Usually in March the federal government delivers the budget and announces what changes there will be to tax scales for the coming tax year(s). In early to mid June the ATO publishes "Final" tax scales for the following tax year on the software dev...