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As you pay your employee weekly, the additional payg withholding for the stsl compulsory repayment is calculated (as required for their normal tax), on ' gross taxable income ', as per the weekly stsl tax table that applies for payments before 1 july 2025. Thank you for your advice in advance. Hiya @mg42 👋 all current tax tables are listed here
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Yep, same weekly tax table since october 2020 3) will i need to pay payg on my sole trader income as if it is a second job (paying the payg as the higher amount listed on a weekly tax table) Have a look here at the weekly tax table, it will show you how much tax should be withheld.
Hi @roy994, your employer taxes you based on the info you provide on your tax declaration when you start
Your tax might be higher if you ticked the box saying you I'd recommend putting your income info into our tax withheld calculator to see what that says your tax should be If you don't have a study. As a taxi driver, should i calculate my tax with daily/casual tax table each day or the weekly tax table
I do not work everyday, maybe 2 or 3 shifts a week. * deduct tax each pay, is this based on that 1 job alone so if i earn $400 do i deduct from that $400 using the weekly tax table Or do i need to deduct from total earnt from job 1 and 2 combined? Hiya @sara101, while working two jobs you can claim the tax free threshold from either, to reduce the amount of tax withheld
On an amount of $1600 per week the withholding amount with no tax free threshold is $490
Income from more than one job. You could still use the payment summary and divide it into 52 to give yourself a weekly amount Bear in mind you can only claim the tax free threshold from one payer This entitles you to the first $18200 of your income tax free
The employer uses a tax table to determine how much to withhold based on you completing the tfn declaration.
