BAD Tax Tables

• The example is designed to show how these fields are used, and are not necessarily the rates set by the ATO.
• For an employee with a bank debit amount of less than $100, which falls within the first Net Range, 15 cents is applied as the BAD Tax Allowance.
• A BAD Tax Allowance of 35 cents applied to bank debit amount of up to, or equal to $499.99.
• An Allowance of 75 cents applies to bank debit amounts from $500.00 to $4,999.99 inclusive.
• An Allowance of $1.50 applies to bank debit amounts from $5,000.00 to $9,999.99 inclusive.
• An Allowance of $2.00 applies to bank debit amounts from $10,000 and upwards. The 9999999.99 is the highest value that can be entered in the Net Range fields.

This is the Level within your organisation that the BAD Tax record is applies to.

This is the code that related to the level selected.

This is the ceiling amount for up to ten bank debit ranges.

For each Net Range, this is the relevant BAD Tax Allowance.