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It is necessary to set up the Tax Table for
calculation of Tax deductions.
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The Tax Table may be updated whenever Tax rates
change, and should be updated after completing the last run that uses the 'old
rates' and before the next run that must use the 'new rates'.
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We also have an option to test the validity of our
input. By stating an Amount to be taxed, the system will return that Tax
Deduction, and in this way we can test whether we are satisfied with how the
Payroll will apply the Tax Table.
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And this is the result.
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