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.