TAX_EXEMPT_POINT is a mandatory fixed lexicon used for Canadian Installations Only. This field indicates the minimum, midpoint or maximum of the TD1 claim code range amount that should be used when calculating taxes. The process for how the employee’s tax exemption should be calculated is based on the governmental tax tables. These toggles should be adjusted if, during payroll testing, users find that the taxation amounts are slightly off.
Saved Value | Displayed Value |
---|---|
01 | Minimum |
02 | Mid Point |
03 | Maximum |