In MYOB Accounting, payroll taxes -- PAYG taxes -- are amounts that are calculated and deducted from employee paycheques in accordance with the government's taxation laws.
Since tax laws change frequently, it's important that you use the most up-to-date payroll tax amounts and percentages when you write your paycheques. To keep your payroll tax calculations current, payroll taxes are administered in Accounting by the use of special tax tables, which are included in your Accounting package. To be sure you're using the latest tax tables, see To learn the revision date of payroll taxes.
Since the accuracy of your payroll records is at stake, you can't add, change or delete any payroll taxes from Accounting's tax tables.
However, if you're a subscriber to MYOB Australia's MYOB Cover plan, you can receive up-to-date tax tables from MYOB Australia automatically, when they become available, free of charge. See the MYOB website to learn more about updating your payroll taxes.
Payroll taxes must be assigned to employees before they can be used on paycheques. (Payroll Details view - Taxes)
When you create an employee paycheque in MYOB Accounting, the amounts designated for taxes are not paid to the employee nor are they automatically paid to the appropriate governmental agency. The amounts are assigned to the linked payables account you selected for each payroll tax category and are accrued liabilities. It is then up to you to create payments for these liabilities according to your schedule.