This TaxRates.txt contains New Zealand FY25 NZ IRD and Australian FY24 ATO Tax Rates.

Downloading the tax rates file

1. Download the tax rates file via the following link:
   
   TaxRates.txt
   
   
2. Save the file to your preferred file directory.

Loading the tax rates

After downloading the tax rates file, the new rates can be loaded into Synergetic.

To load the tax rates into Synergetic:

1. Select Module > Payroll > Load Tax Rates.
   The Load Payroll Tax Rates window is displayed.
   
   
   
   
2. Click .
3. Navigate to the file directory where you saved the TaxRates.txt file.
   
   
   
   
4. Select the file.
5. Click .
   The file path is loaded into the Load from Directory field.
   
   
   
   
6. Check the file path is correct.
7. Click .
   The Confirm window is displayed.
   
   
   
   
8. Confirm that the message mentions “1 April 2024 (FY 2025)”.

9. Click .
   The tax rates will load and Synergetic will be updated with the new figures ready to use in your first FY 2025 pay.
   
   

   You must ensure that you have rolled your payroll into the 2025 financial year before creating your first pay in FY 2025. See Creating a new payroll year.

Questions?

We are happy to assist if you have any questions regarding the above information.

Click here to create a Service Desk ticket.