Withholding Tax on Services
In some countries, withholding tax on services only applies when the value of invoices paid for a supplier in a calendar month exceeds a set threshold value.
Note: Services invoices are identified as invoices that have at least one tax rate with a tax usage that is marked as Service.
In QAD Enterprise Applications, withholding tax on services is always assumed to apply by default. You can then use the Withholding Tax report to identify suppliers where the cumulative services payments for the month are less than the threshold. You must then manually repay the relevant withholding tax amounts to those suppliers.