Taxation Due workpaper (ITD)

The Taxation Due (ITD) workpaper calculates the final tax liability for the year, reconciling tax payable on current year profit against provisional tax payments already made. It draws data from multiple sources including IRD records.

Data extraction

Tax payable on current year taxable profit

Auto-picked from the Tax Calculations (TCP) workpaper based on tax expenses on taxable profit.

IIC integration

Rows with "IIC" in the Ref column are sourced from the Investment Income (IIC) workpaper and will be auto-populated once the IIC workpaper is completed. The yellow fields must be entered manually.

Less provisional tax payments (check via IRD Online)

Auto-picked from the IRD Income Tax Transaction Report uploaded under Data Sources (IRD). Users can edit these figures by clicking Edit if required.

Plus prior years' terminal tax and arrears not yet paid, and Less refunds not received

This section needs to be entered manually.

Balance per General Ledger (GL)

Sum of all the codes mapped under Taxation Due in Chart of Accounts (CoA) mapping.

Related workpapers

• Tax Calculations (TCP): Provides the tax payable figure.
• Investment Income (IIC): Provides tax data for rows marked "IIC".
• Imputation Credit Account (ICA): Pulls Provisional Tax Payments, Resident Withholding Tax (RWT), and Imputation Credit (Dividends) from this workpaper.
• ICA to Retained Earnings Reconciliation (IRE): Pulls adjustments for payments and refunds from this workpaper.

How to access

1. Go to Jobs and open the relevant job.
2. Click the Workpapers Icon or navigate to Results then Workpapers.
3. Select ITD on the Workpapers Dashboard.