Article Details
| Id: | 17977 | 
| Product: | finPOWER Connect | 
| Type: | NEW | 
| Version: | 3.04.00 | 
| Opened: | 26/03/2021 | 
| Closed: | 26/03/2021 | 
| Released: | 30/06/2021 | 
| Job: | J026228 | 
New Company Wizard; update default Tax Categories for New Zealand
The New Company Wizard has been updated for new Tax Categories for New Zealand effective 1 April 2021.
The Tax Categories now include:
- R10.5, Resident 10.5%
 - 10.50%, undeclared 45%
 - R17.5, Resident
 - 17.50%, undeclared 45%
 - R30, Resident 30%
 - 30%, undeclared 45%
 - R33, Resident 33%
 - 33%, undeclared 45%
 - R39, Resident 39%
 - 39%, undeclared 45%
 - RC28, Resident Company (Default)
 - 28%, undeclared 45%
 - RC33, Resident Company
 - 33%, undeclared 45%
 
NOTE: Existing databases will need to be manually updated.