Filing zero value employer returns with This Bureau
Background
All active employers registered with this bureau must, on a quarterly and annual basis, file employee detail and payments for the EIT or LST tax that was withheld in that period. There are occasions in a quarterly business operation where no withholdings were made for a variety of reasons.
In these cases, each business is still required by law to report “zero taxes withheld” to This Bureau.
Consider these possible methods for filing your business’s zero filings…
Method 1: For an individual business
An individual business owner can choose to file via the PALITE Online Employer Filing system. Log onto the PALITE system and start your EIT/LST filing. Choose the “I have no employees or wages to report” option. You can also use Method 2.
Method 2: Bulk e-filing via Excel file for preparers or multi-account companies
This method is intended for preparers who are filing for multiple employers or for employers who have multiple tax accounts (EIT or LST). Below, please find sample EIT and LST Excel spreadsheets meant for filing multiple accounts. The sample rows in these files illustrate how your data should be organized into the Excel file.
Once your Excel file has been prepared, you can deliver it to the bureau using an approved method…
- ShareFile: This highly secure file sharing system is trusted by YATB. We can create an account for you to use to upload your file securely. Files are automatically deleted after 14 days. For this method, you need to contact our employer department to arrange for a ShareFile account to be created.
- Secure Email: We can send you a secure email to which you can reply and attach your file. The file will stay safe and will be deleted as soon as the data has been loaded into our system.
- Physical: This should be considered a last resort since the data you are sending via physical media can get stolen, lost, or damaged in the mail and is not as secure as the digital methods mentioned above.