Tracy2020
Experienced User
Joined 6 years ago
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IR526 Donations Tax Credit
Is anyone else having difficulty with the donations tax credit when the refund is not being transferred anywhere but needs to be refunded direct to the Client? Currently I have a donations return which won't file because the amount to be transferred to another person is not more than Zero. Since we're not transferring the refund this is a baffling thing. Also ending up with a XML Fail when trying to file the corresponding IR3...Any suggestions?Efficiencies..... New Tax Platform
Can someone please tell me where the efficiencies and time savings are going to be coming from. So far it takes longer to do everything except reconcile IRD balances. Instead of a one click you can have to click to create a schedule, click to open it, click to import tax, Instead of one click in the individual return to import either shareholder or partnership income, you now have to have both returns open, click to create the schedule, and hop between the two returns to get the information across. Calculating the WFF tax credit now has to be done using the IRD website online calculator or workpaper or by hand if you want a laugh. And if doing a 2020 tax return you have to open 2021 and reconcile the tax balances otherwise doesn't show the payments as made. So far it is taking us twice as long to prepare a simple tax return. So where are the savings?NZ New Tax Portal - IR10s
Just started using the new online tax return system and am feeling a little stupid as I can't seem to find a way to move from the IR10 input back to the actual tax return. There is nothing to tell me how to get back to where I want to be. There are no Ok or Close buttons that I can readily find. I've looked at the videos and at this time can't find anything to assist me. Does anyone know how to move between the IR attachments and the tax return without going right back to the very beginning and picking up the tax return again?