How do I record a tax or contribution I have already paid?
Record the payment as a normal expense transaction and select the corresponding category. Nett combines the category, description and common country-specific references to recognise payments such as IRPF, IVA and cuota de autónomos; HMRC or National Insurance; URSSAF; Einkommensteuer or Umsatzsteuer; INPS; Retenções or Segurança Social, among others.
When it can identify the payment with sufficient confidence, Nett links it to the corresponding liability and tax period. Always check the suggested category, date and allocation, particularly if the bank reference is not descriptive or the payment covers several liabilities.
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