Click the Medicare Levy Rate Master tab to specify the medical exemptions.
In the Medicare Levy Surcharge section, choose an Option from the PAYG Sub classification combo.
Enter the Medicare Levy Surcharge Rate for the chosen PAYG Sub Classification.
In the Tax Rate Table multiline, enter the Value against a Medicare Levy Parameter.
In the Modification Details section, choose Update option from Modification Option combo to save the details with the current effective date.
Enter the New Effective From date to validate the records.
Enter relevant Remarks that pertain to the medicare levy rate details.
Click Submit to save the medicare levy rate details.
Click the Medicare Levy Rate Master tab to specify the medical exemptions.
In the Medicare Levy Surcharge section, choose an Option from the PAYG Sub classification combo.
Modify the Medicare Levy Surcharge Rate for the chosen PAYG Sub Classification.
Click Get Details to retrieve the tax rate table details.
The system retrieves and displays entire details of the tax rate master. Make required modifications to the data displayed. Refer Fields in this Screen topic for an explanation of the fields displayed.
In the Modification Details section, choose Correct option from Modification Option combo to save the modified details with the current effective date.
Note: Modification Option: While modifying the rate master, you can use one of the two available modification options viz., Correct and Update. If you choose the Correct option, the changes you make will come into effect in the existing record itself. If you choose the Update option, the system closes the existing version of the record and will create a new record containing the changes you make. You are to specify a new effective date, which will become the effective date for the new record.
Enter relevant Remarks that pertain to the medicare levy rates.
Click the Submit to save the modified medicare levy rates.
