Updated PAYG Tax Tables for the following
'Classic' MYOB® products (.myo and .dat):

All our current tax tables have been updated using the ATO PAYG Withholding tax formula for salary or wage payments to employees made between 1 Jul 2023 and 30 June 2024.

The new tax tables include changes to the HELP/HECS and other Student Loan repayment rates and thresholds which apply from 1 Jul 2023. Other rates remain unchanged from 13 Oct 2020. Even though your current employees may not be affected by these changes, consider purchasing to ensure updated tax tables continue to be available in the future.

MYOB® Tax Tables - Background: When you purchase a MYOB® product with payroll, you receive a set of current tax tables as part of the package. These tables are created by MYOB Australia based on the tax office formula. Before using the Payroll function, you must 'load' a set of tax tables into your Company File. When processing payroll, MYOB® will use the currently loaded tax tables.

MYOB Australia no longer provide tax tables or updates for the products listed above. If you use any of these products, the tax tables you are currently using are out of date and will not calculate the correct PAYG.

We have been providing up to date tax tables for MYOB® users since 2010.

The updated tax tables available exclusively from www.fghtables.com work in exactly the same way as tax tables prepared by MYOB Australia. Our tables have been tested and will work with all the above mentioned MYOB® versions. They are primarily designed for those who want to have the latest PAYG tax rates without having to upgrade their MYOB® version. There is nothing in your licence agreement that prevents you using 3rd party tax tables.

Cost:

Tax tables are available from FGH Tables for $106.00. Some users have multiple Company Files. You can use the same tax tables on all your Company Files as long as they use the same MYOB® serial number. When purchasing you will need to know the last 4 digits of your serial number - this can be found under Setup > Company Information.

Installation:

Installation is simple. Windows versions (Accounting v10 to AccountRight v19) are installed by our Tax Table Updater which steps you through the entire process - see video. Mac versions come with easy to follow instructions. The tax tables can be instantly downloaded following payment by Paypal (credit card or PayPal account balance), or will be emailed to you if paying by bank transfer. You will also receive a copy of the current Aust Tax Office Tax Table for you to check the accuracy of the calculations prior to use. After sales support is available for any installation or setup issues you may encounter with our tables. There is also detailed online Help as well as our FAQ page.

Installation Service:

For those who prefer, we can install the tax tables for you via remote desktop using TeamViewer®. We will also make the Super Guarantee changes to your file. Use the Purchase & Install option when purchasing. More details here.

Effect on Company File: Our tax tables work exactly the same as tax tables from MYOB Australia. No changes are made to the MYOB® software or to any data in your company file. The only changes made are to the tax rates in your Company File that MYOB® calls upon to calculate PAYG Withholding when processing payroll.

The changes made by the updated tax tables are not permanent and on Windows versions, can be reversed by reloading the original tax tables.

Demo:

If you want to confirm our tax tables will work with your version of MYOB®, a demo tax table is available from here.

To purchase: Click one of the buttons below. Paypal accepts credit cards directly, so no Paypal account is required.

Most tax tables are available instantly after you pay by Paypal account balance or credit card via the left 'Buy Now' button. For payment by bank transfer use the right 'Buy Now' button and we will forward the requested tax tables by email once payment has been made.

When to Load: The tax rates in these tables apply from 1 Jul 2023. They should be loaded into your company file before processing any payroll dated after 1 Jul 2023.

The best time to update is after your last pay run for 2022/23 and before your first pay run of 2023/24. Whether you load the new tax tables before or after you Start a New Payroll Year makes no difference (unless you are using AccountEdge®). See here for more details, an example.

PS. Don't Start a New Financial Year until your accountant has finalised all 2022/23 tax matters.