Article Details
Id: | 16998 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 3.03.02 |
Opened: | 12/05/2020 |
Closed: | 27/05/2020 |
Released: | 02/07/2020 |
Job: | J024226 |
NZ IRD; Investment Income Report; IPS Export renamed and some validations removed
The Investment Income Report Export has been updated with the following:
- "Pay as you Earn (IPS)" has been renamed to "Resident Withholding Tax on Interest (IPS)".
- AIL, NRWT and IPS now allow negative values to be submitted within the export.
- This includes total Interest and Withholding Tax.
- Previously, negative values caused export validation errors.
- Withholding Tax Rate validation:
- Tax Rate must be between 0% and 100% for AIL and IPS. NRWT must be 0% or greater.