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
  1. Click MaintenanceParameter Tables > Properties.

  2. 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