ATO Community

Fortnightly Tax

Ask a question

I'm new

Views 103

Replies 1

I have recently started a new job and feel like I’m paying more tax than I should be. My gross earnings for the fortnight were $2262.00 and I was taxed $812. I do have a HECS debt but I am a bit out of my depth with all this so if someone could provide some insight to me that would be great!
1 ACCEPTED SOLUTION

Accepted Solutions
Highlighted

Best answer

Master

Replies 0

Ask your employer but by the looks of things, it is too high. Did you provide a TFN declaration?

 

You can use the ATO's withholding calculator as proof that the WHT amount is too high (see here).

1 REPLY 1
Highlighted

Best answer

Master

Replies 0

Ask your employer but by the looks of things, it is too high. Did you provide a TFN declaration?

 

You can use the ATO's withholding calculator as proof that the WHT amount is too high (see here).

Top Solution Authors