Suggestions

:speech_balloon:

Tax withholding (link to tax rates)

It would be nice to have the options to automatically withhold all tax owing, without having to manually input the %.

(In Israel income tax is withheld each month automatically in the payslip.)

10 votes

Tagged as Suggestion

Suggested 10 March 2022 by user Nadav

  • Sign in to comment and vote. Sign in by email

  • 10 March 2022 Nadav suggested this task

  • 10 March 2022 Kyle Nolan approved this task

  • avatar
    Michael Cox

    I think this would help more accurately model UK PAYE (pay as you earn).

    Currently to simulate PAYE I have to work out an effective rate resulting from application of the tax bands and enter that as tax withholding % I never seen to get it spot on and there always seems to be a rebate or extra tax to pay the next year.

    02 September 2023