Hi,
I have contractors who get withholding tax deducted from their pay and GST added onto their gross amount.
How can I account for this GST (and have it show up in the GST return).
I can enter their gross pay, wtihholding tax in payroll so they are in the return for IRD, but how do I get the GST accounted for?
I have tried a Spend Money entry for the GST amount but it doesn't show up in the GST return.
I could enter them as supplier invoice but then their withholding tax will not show up in payroll reports.
There must be a lot of us who have this problem, could MYOB not add the feature into payroll where GST can be added to the contractors payment?
They are not "employees" in the strictest sense of the word, but they do have tax deducted and need to be in the reports to IRD.
Any help with this would be greatly appreciated.