Taxation rebates as a percentage or sliding Scale in your Payroll Software

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Taxation rebates as a percentage or sliding scale can be handled by setting up a special user defined tax scale, and selecting that tax scale when editing the employee in question. If, for example, the employee was to receive a 2% tax rebate, you would do the following:

1 From the Lists menu, choose Tax scales.

2 Click to select the tax scale that the employee would normally be on.

3 Click Tax Scales>Edit. Write down all the details of the tax scale.

4 Click Cancel.

5 Click Tax Scales>New to add a new tax scale.

6 Enter a unique number for the tax scale. (example: 101)

7 Enter the current date into the Last Update Date field.

8 Enter a description for the tax scale. (example: 2% Tax Rebate)

9 Enter the details from the original tax scale.

10 For each line in the new tax scale, calculate and enter a new value in the Multiplier (Col A).

Example If the original contains 0.2150, then change this to 0.1950 (2% less).

11 Click OK to save the tax scale.

12 Edit the employee in question.

13 Click Taxation.

14 Select the tax scale you have just entered.

15 Click OK.