Setting up tax positions and income types

Tax positions

Use the Tax Positions (tfgld0120m000) session to maintain the tax positions that are categorized by Income Types in the Withholding Tax certificate.

Tax codes (kind of tax) must be defined as withholding income tax and tax type must be set to 'On Payments'.

Income types for withholding tax reporting

Withholding tax certificate printed in a specific format is classified by income groups.

Use the Income Types for Reporting (lptha0105m000) session to maintain the relation between tax position (with WHT tax codes) and income types. This enables the grouping of transactions that are displayed in the respective section of the certificate.

You must use the Income Types for Reporting (lptha0105m000) session to maintain the relation between the Income types and the tax positions (with WHT tax codes).