Parameter Tables Properties

Not available in Accountants Office

The Parameter Tables functionality is used for editing tax rates and rebate and offset thresholds and amounts to be used when calculating a Tax Estimate.

These tables must NOT be edited or changed unless instructed to do so by MYOB Support.

To access a Master Parameter Table

Click Maintenance > Parameter Tables > Properties.
Click the relevant tax rate which include:

Resident Tax Rates
Non-Resident Tax Rates
Non-resident Pacific Seasonal Tax Rates
Resident Minor Tax Rates
Non-Resident Minor Tax Rates

The General tab lists income bracket and tax rate:

Threshold $: This refers to the income bracket. Enter the upper threshold for each required income bracket.
Rate%: This is the percentage rate of tax applied on income between the brackets.

From the General tab select the Rebate or Offset amount or threshold for a resident or non-resident. Refer to General Tax Rates