Sentences with phrase «withheld at your marginal rate»
Deposits, by definition, are withheld at your marginal rate.
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If the untaxed element exceeds the untaxed plan cap, the originating fund should withhold tax — at the top marginal rate plus Medicare levy — from the amount over the cap before releasing the rollover to your fund.
If an employee who has received an ESS discount has not provided you with their TFN, you must withhold tax at the highest marginal rate and remit it to the ATO by 21 July after the end of the relevant financial year.