Key Tax Dates
If a due date falls on a weekend or public holiday you can file and/or pay your taxes on the next business day without incurring penalties. Payments must be received by the IRD on or before the due date otherwise they will be considered late.
Payments can be made either by cheque or electronically. If you are making payments electronically please ensure you have the correct IRD number, tax type and tax period so that the payment is credited to the correct tax account. If you are making payments by cheque please ensure that your payment is received at the IRD office on or before the due date.
Terminal Tax notices – we are currently working through printing these and will mail them over the next week.
Provisional tax review – Prior to the 3rd instalment of Provisional Tax falling due, we are able to undertake a review of your last 12 months of trading to consider if an alternative tax payment can, or should be adjusted either upwards or downwards so it is more in line with what we expect the actual tax to be, especially if there is significant changes to the 2019 trading year. Once the GST return is completed for the February/March 2019 period we can obtain the appropriate information from your GST records. We will contact you soon as a reminder, but in the meantime please let your Accounting Specialist know if you would like us to complete this on your behalf.
Kiwisaver – To be eligible for the full member tax credit automatically you have to contribute at least $1,042.86 a year. Employer contributions, government contributions and amounts transferred from Australia under the Trans-Tasman retirement savings portability do not count towards eligibility for this credit. The Government will contribute 50 cents for every dollar of member contribution annually up to a maximum payment of $521.43. If you have not yet contributed the minimum amount we suggest that you arrange a voluntary contribution prior to the beginning of June 2019 to ensure time for your credits are transferred to your KiwiSaver fund by the due date of 30 June 2019.