The Other Tax Table allows you to define the tax factors to be used to calculate any other income tax payable by employees.
NOTE: The Other Tax Table must be defined when Canadian Option 2 income tax is being used. The system will use these table values in place of the Federal Tax Table values when calculating Option 2 income tax. The Other Tax Tables are global records accessed by all payrolls so changes to these entries will affect all payrolls. Other Tax Tables are entered as sets based on an effective date. Multiple sets of Other Tax Tables by effective dates allows payrolls under different calendar years to be run at the same. The pay period ending date from the payroll calendar per payroll is used to determine which set of Other Tax Tables are active per payroll run. The selected effective date and tax parameters are displayed in the log of the Payroll Processing run.
Add mode will prompt you for the new year and month of the effective date. All effective dates are as of the first day of the month. Add mode will automatically generate exemption codes 00 to 99 with zero exemption amounts. You can insert any additional exemption codes required.
Effective Date
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Valid date when tax table become effective
Tax Table Step $$$$$$$$
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9 numeric
Factor 1
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9 numeric. Enter the 'R' field from the tax tables for option 2.
Factor 2
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9 numeric. Enter the 'K' field from the tax tables for option 2.