GST increases 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.

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.