Staff accounting> Income tax> Setup> Income tax> Deduction, discount, and relief codes
Use this form to create deduction, discount, and relief codes when calculating individual income tax.
Task that uses this form
Navigating the form
The following tables provide descriptions for the controls in this form.
Tabs
Tab |
Description |
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Overview |
Enter or view details about the deduction, discount, and relief codes, such as the tax deduction code, tax deduction type, and payroll rate number for the discount amount. |
General |
View or modify the details about the deduction, discount, and relief codes for the selected line in the Overviewtab. |
Fields
Field |
Description |
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Deduction code |
Enter or view the deduction code.
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Deduction type |
Select the deduction type:
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Name |
Enter the full name of the deduction. |
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Rate (value) |
Select the rate that determines the amount of the deduction. |
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Rate (reference) |
Select the rate that determines the amount of the deduction, depending on the reference. |
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Sequence |
Select the sequence that determines the calculation algorithm.
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Period of validity |
Select the period for which the deduction is valid:
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Tax refund |
Select this check box to allow refund of tax if the deduction has been made since the beginning of the year.
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