Glossary of Key Terms
Quick definitions for terms used throughout Zato and this help centre.
Term | NZ | AU |
Tax authority | IRD, Inland Revenue Department | ATO, Australian Taxation Office |
Tax identifier | IRD Number | ABN (Australian Business Number) / TFN (Tax File Number) |
Company register | Companies Office / NZBN | ASIC / ACN (Australian Company Number), not yet a live integration |
Employee tax withholding | PAYE | PAYG Withholding |
Income tax paid in instalments | Provisional Tax | PAYG Instalments |
Company/dividend tax credit | Imputation Credit | Franking Credit |
Periodic tax return | GST return, filed via myIR | BAS (Business Activity Statement), lodged with the ATO |
Bank feed provider | Akahu | Basiq (Coming soon) |