Parameter Tables Properties 2023

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 2023