I have a HELP loan, my taxable salary is 50,000 per anum, however the Deduction in my payslip is as following: PAYG Study and training support loan Extra tax. Now I understand the PAYG and study loan but what the extra tax is??
the best calculator would be paycalculator.com.au/ it has an exact breakdown per weekly/fortnightly/monthly you can compare to your payslip PAYG. The medicare levy is also included in your PAYG deduction. Its always best to speak to your accounts payable if the numbers aren't making sense as there could be company social club, union fees etc that may be being deducted from your payslip.
i have 2 jobs, one does the taxes for me, another one is sub contracted.... on the MY GOV thing do you put the gross income for first job or just the sub contracted job for PAYG? Ta
Whilst your video is good you miss quoted the TAX Free threshold, it is AUD$18,200.00. I was hoping you would say what item number the PAYGO Amount gets put into on the tax return form
![Kubernetes Tutorial for Beginners [FULL COURSE in 4 Hours]](http://i.ytimg.com/vi/X48VuDVv0do/mqdefault.jpg)
![How to Get a Developer Job - Even in This Economy [Full Course]](/img/n.gif)
I am from India and work for an Australian bank. This video helped to understand PAYG. Thank you for this good video.
This video is just perfect
I have a HELP loan, my taxable salary is 50,000 per anum, however the Deduction in my payslip is as following:
PAYG
Study and training support loan
Extra tax.
Now I understand the PAYG and study loan but what the extra tax is??
the best calculator would be paycalculator.com.au/ it has an exact breakdown per weekly/fortnightly/monthly you can compare to your payslip PAYG. The medicare levy is also included in your PAYG deduction. Its always best to speak to your accounts payable if the numbers aren't making sense as there could be company social club, union fees etc that may be being deducted from your payslip.
Enter the gross amount from your PAYG payment summary
What exactly i have to enter in this column gross income with tax upto end of financial year?
i have 2 jobs, one does the taxes for me, another one is sub contracted.... on the MY GOV thing do you put the gross income for first job or just the sub contracted job for PAYG?
Ta
Great information
Really helpful thank you!
Whilst your video is good you miss quoted the TAX Free threshold, it is AUD$18,200.00. I was hoping you would say what item number the PAYGO Amount gets put into on the tax return form