A thumbnail that borrows the colours from the Australian Taxation Office. The background is a green-ish blue. It has the title, 2020 PAYG Withholding Taxtables & LD_Payroll", written spanning the height of the thumbnail and is aligned right. In gold on blue, is the Logical Developments logo which is a diamond with the letters L and D inside of it. The letters are offset from each other vertically while also overlapping horizontally. The each sit inside of their own rectangle.

2020 PAYG Withholding Taxtables

Aaron Muilne - Oct 12, 2020

Presented as the “ Government’s Economic Recovery Plan”, the Federal Budget for 20/21 was passed down last week, with a goal for Australia to “rebuild our economy, create jobs and secure Australia’s future” [Aus Govt, 2020]. As part of this budget, the Federal government has passed legislation that has brought forward some of the personal income tax cuts.

Due to the new legislation, the Australia Taxation Office (ATO) will be publishing the updated 2020 Pay as you go (PAYG) withholding tax tables on October the 13th. If reading legislation is your jam, you can visit the legislation webpage.

Payroll has all the relevant tax-tables embedded in the software, as such, a new version of Payroll will be available this week with the new Taxtables.


Links accessed 12th October 2020: