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      Adding a Contractor (Withholding Tax) to the Thankyou Payroll System

      Contractors are not employees, so they are not entitled to employee leave. This article will show you which settings to use when paying a contractor on our system.

      Updated: May 2023

      Contractor invoices are usually paid as a business expense by the Finance Department and do not generally go through payroll. If you want to set up a contractor in the Thankyou Payroll system, this article will help you understand how to do this correctly.

      Info - Blue Block (1)The Thankyou Payroll system can accommodate contractors who are on Withholding Tax (WT) tax code only (whether GST registered or not). Our system cannot accommodate fully self-employed contractors who are GST-registered only.

      * They MUST have a WT tax code to be entered into our system.

      Let's explore what setting up a contractor in our system would look like.

      Pro Tip - Blue BlockThe button you select in our system will display in a darker colour.

      This will help you to identify the settings chosen for that profile.

      Contractors can also be paid by using specific pay types set up in the system. To find out how to set up pay types, follow this link.