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.

Tab	Description
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.

Field

Description

Deduction code

Enter or view the deduction code.

Note
The list of deduction codes must correspond to the directory specified by the tax authorities.

Deduction type

Select the deduction type:

Name

Enter the full name of the deduction.

Rate (value)

Select the rate that determines the amount of the deduction.

Rate (reference)

Select the rate that determines the amount of the deduction, depending on the reference.

Sequence

Select the sequence that determines the calculation algorithm.

Note
If you have selected a value for the Rate (value)field, you cannot modify the Sequencefield.

Period of validity

Select the period for which the deduction is valid:

Tax refund

Select this check box to allow refund of tax if the deduction has been made since the beginning of the year.

Note
This check box is activated only for Standarddeduction types.