Tax override rate

This field is enabled when Tax override = "Yes" and it is the rate applied to taxation overrides. Below is the list Tax override types and the recommended use of the Tax override rates for each type:


Tax override type	Tax override rate
Australian Databases
[Blank]	Leave blank
Bonus
Lump sum in arrears
O. Bonus with cap
U. Lump sum with cap
New Zealand Databases
[Blank]	Leave blank
W. Scheduler Payment	Leave blank to manage population via manual transaction entry or have populated by a payroll rule; else Enter the rate that will be applied to all employees receiving this allowance, e.g. enter 10% as 10
E. Extra Pay	Leave blank
R. Redundancy or Retirement	Leave blank
S. ESCT	Leave blank to manage population via manual transaction entry or have populated by a payroll rule; else Enter the rate that will be applied to all employees receiving this allowance, e.g. enter 10% as 10
B. Regular Bonus	Leave blank to manage population via manual transaction entry or have populated by a payroll rule; else Enter the number of pay periods to which this payment relates to. This value should be the pays in the year divided by the number of times per year this allowance will be applied to employees. IMPORTANT: If you choose to populate this field you will need to have a separate allowance record for each combination of pay cycle and bonus payment frequency
Fijian Databases
[Blank]	Leave blank
Withholding Tax
Extra Ordinary Payment
Redundancy or retirement

Topic: 13218