Withholding Tax

This form contains information about withholding tax.

Options Reference

Each option and field on the form is described below. Mandatory options and fields are highlighted in red.

Tax supplier

Select the code of the supplier to whom withholding or prescribed payments system tax is paid (for example, ATO or IRD) when deducted from a payment to another supplier. You must set up a supplier on the Supplier Maintenance form to represent the tax supplier specified here.

This is the accrual account for all tax deducted to be remitted to the tax collection agency.

Calendar

Select the calendar to use for summarising tax payments.

Default rate

Enter the default rate to use for tax payments.

Group Certificate No

Enter the prescribed payments system group certificate number as assigned to you by the tax department if you are using the Australian prescribed payments system of withholding tax.

The group certificate number prints on the withholding or prescribed payments system tax return.