This article will step through how to create a deposit notice in the Tax Traders portal for a client.
Creating the deposit notice
- Navigate to the taxpayer you would like to generate the deposit notice for (or create the taxpayer if required).
- Navigate to Manage tax > Deposit notice (bottom one on the list).
- Enter the amount the taxpayer needs to pay. This will show as an indication to them on the deposit notice.
- Choose the tax date the payment relates to. Switch to custom dates if you would like to specify the date outside of this standard tax dates.
- Choose to email the deposit notice to an agent who is attached to the taxpayer or download the deposit notice using the blue buttons on the right-hand side of the page. This will provide you with the instructions to hand over to the taxpayer.
Extra notes
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Processing Time: Payments usually show up on the account within 1–2 business days. If it’s an international payment, it might take a bit longer depending on the bank.
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No Need to Repeat: Clients don’t need to generate a deposit notice every time they make a payment. As long as they use the deposit account and include their IRD number as the reference, the funds will land in the right spot automatically.
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Why Use a Notice?: It’s all about making things easier! The deposit notice gives the taxpayer clear instructions and helps avoid any confusion.
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Suffix for the account: The deposit account is marked by the 00 suffix, otherwise it is the same account as Tax Traders purchase account. Read more here.