BAD Tax Update

Bad tax is applied by the Federal Government to withdrawals from a bank account where some companies elect to pay their employees an allowance to cover the cost of the withdrawals that are made from their accounts.

Prerequisites

• Allow/Deduct Codes nominated in this process must have a Classification of T.
• BAD Tax Tables

Rules and Guidelines

• Rules

Field Information

Level Codes

Type or select a combination of level codes, the BAD rate will only be calculation on employees, based on the codes selected.

BAD Tax Allowance

Indicate if BAD tax allowance is to be paid on behalf of employees or not.

Select Run Process where the NSA233 job is submitted.

Please complete the form below to give us feedback. If you need any assistance with this functionality, please contact Preceda Support.

How to Navigate Preceda		Version 15.3.01 Preceda Knowledge Base 2018 Ascender HCM. All rights reserved. For feedback and comments, please contact your Systems Administrator or Account Manager.
Getting Started
About the Knowledge Base