Withholding Tax Payments in NZ - Payments

How to create the .csv file for lodgement of withholding tax payments in New Zealand

Having completed the necessary setup to process Withholding Tax payments in NZ you can process supplier invoices and create the .csv file for lodgement with the IRD as follows;

• Enter the supplier invoice as normal and Save the entry
• Check that the Withholding Tax amount is correct by clicking on the link "WHT"
• If the WHT code is incorrect, you will need to delete the invoice, change the WHT code at the Supplier setup screen  and then re enter the supplier invoice
• Approve the supplier invoice
• Create a payment for the supplier invoice 
• From the Payment  screen filter to select the specific payments that are to be included in the .csv lodgement file
• Click on the link NZ Pay Day Export
• NB the Withholding Tax deduction is created  with the entry posted to the relevant GL control account once the payment has been approved

This will create a .zip file download which will include the .csv file and a reconciliation report.

Lodge the .csv file and retain the Reconciliation report for audit purposes