PCSchool Payroll has released the new Tax Tables for the Australian 2015/2016 tax year.
It is recommended that you update to the latest version of PCSchool – Curric version 2014.7.0.892 / Finance version 2014.7.0.339. Download the latest followup available from our website. Download the followup and extract the files to \pcschool\programs on the server. These should then automatically flow down to user clients machines when next they run PCSchool.
Once all pays for the 2014/2015 tax year have been completed then proceed to to update your tax tables as below.
You can download the tax scales here. Download the file and extract contents to \pcschool\data on the server. If you run Multi Workareas you will also need to extract to those workareas eg \pcschool\other workarea name also on the server. In each desired workarea go into Finance > Utilities > Data Import/Export. Select files 111 and 112. Change option to Erase and Import and Begin Operation
While all care has been taken PCSchool takes no responsibility for the accuracy of the data tables supplied and it is each users obligation to test the accuracy of the Tax Calculations performed by the program.
There are no changes to the Tax Scales, however check your HELP and SFSS Tables have been updated, these have all changed. If you require assistance with any of the above please contact the PCSchool Help Desk – 07 4939 5995 or firstname.lastname@example.org