Dalton Accounting | Local business

Dalton Accounting

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25.01.2022 Working two jobs and puzzled about why the second is withholding more tax? Income tax is calculated on your total income at the end of each financial year, s...o you’ll end up paying the same amount of tax if you earn it through one employer or many. However, you should generally only claim the tax-free threshold (i.e. $18,200 in tax-free earnings each year) from one employer at a time this is why each employer might withhold different amounts during the year. Find out more in our article on ATO Community at https://community.ato.gov.au//How-much-tax-shoul/ta-p/8111

12.01.2022 Employers: It’s time to move to Single Touch Payroll! Join our webinar on 26 September to hear about: Transition options What to do if you won’t be ready by... 30 September How to avoid some common mistakes Register now to secure your spot: https://publish.viostream.com/app/s-nu1tj1e