With the Christmas break drawing near, your tax obligations do not cease.
Are you ready for upcoming tax obligations? Have you reviewed your cashflow forecast for December-January, especially if you are impacted by seasonal revenue?
Both November and December GST are due for payment in January as well as provisional tax. However, a lot of people switch off for the break, then suddenly get caught out when returning.
It pays to be planned in advance so you can go into the break, ready for the new year. Below are the dates for return filing and payments due over the December/January period.
- 21 December - PAYE - Small and large employers’ payment due. File employment information within two working days after payday.
- 21 December - RWT - RWT return and payment due for deductions from dividends and deductions of $500 or more from interest paid during November.
- 21 December - N-RWT/ Approved Issuer Levy - Return and payment due for November.
- 15 January - PAYE - Large employers’ payment due (for second half December wages paid). File employment information within two working days after payday.
- 15 January - Provisional Tax - Instalment due for March balance date taxpayers (Note: The provisional tax due dates apply to those clients who have a March balance date. Different dates will apply to those clients who have different balance dates).
- 15 January - GST - Return and payment for November.
- 20 January - PAYE - Small and large employers’ payment due. File employment information within two working days after payday.
- 20 January - RWT - RWT return and payment due for deductions from dividends and deductions of $500 or more from interest paid during December.
- 20 January - N-RWT/ Approved Issuer Levy - Return and payment for December.
- 20 January - FBT - Return and payment due for quarter ending 31 December (if filed on a quarterly basis).
- 28 January - GST - Return and payment for December.
If you are concerned you may not be able to pay the tax due, feel free to get in touch and we can take a look at your options.
