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Accounting › Tax

Withholding Types

Deducted at payment, remitted to the authority, and certified to the supplier. Three obligations from one deduction.

Where to find it

  1. Module: Accounting
  2. Group: Close & Compliance
  3. Section: Tax
  4. Screen: Withholding Types

Address in the console: /accounting/withholding-types

List · 9 columns · 17 fields on its form · 2 of them required · 1 action

What the list shows

These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.

ColumnKindField name
CodeCodecode
NameTextname
CategoryStatuscategory
Rate %Numberrate_pct
Treaty %Numbertreaty_rate_pct
ThresholdAmountthreshold_amount
BasisStatusthreshold_basis
Charged onStatusbase
UsedNumberusage_count

The form

What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.

FieldTypeChoicesNotes
Code required Text
Name required Text
Jurisdiction Choice Looked up from existing records
Authority Choice Looked up from existing records
Category Choice Configuration list
Standard rate % Number
Treaty rate % Number Applies only where a certificate of residence is held. The two rates commonly differ by a factor of two.
Threshold Number
Threshold basis Choice per_invoice, annual, per_payment, none Annual is what most regimes use and the harder one: it depends on everything paid to that supplier already.
Charged on Choice gross, net, net_of_vat, custom
Liability account Choice Looked up from existing records
Remittance frequency Text
Certificate required Yes or no
Valid from Date
Valid to Date
Active Yes or no
Description Long text

What you can do here

Compute a deduction

On the toolbar, above the list.

What to deduct from a payment, and why — with the year-to-date threshold applied.

Asks for: Supplier Withholding type Gross amount* Tax on the invoice Treaty country

* required

The rules that apply here

Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:

Beside it in Tax