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Handling of GST Changes in Ace Payroll

  • GST changes from 12.5% to 15% on 1st October 2010.
  • This change has almost no impact on the Ace Payroll software itself.
  • The only clients who need to make a change are those that pay contractors using Ace Payroll and show the GST in the payroll.
  • If in this situation, you will have GST set up as a Non Taxable Allowance based on 12.5% of gross.
  • Follow these steps to make the change.
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From the front screen select Modify An Allowance

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Select the allowance, then click the Calculation Method panel.

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The Percentage of Total Gross calculation method will already be ticked.

Click over percentage rate as circled.

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Change the value from 12.5 to 15.

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  • Once the above change is made any contractor where GST is paid will automatically change from 12.5% to 15%.
  • For this reason ensure you do not change the GST rate until after you have filed the final September pay.

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