KEY DATES

CHARTERED ACCOUNTANTS.  BUSINESS ADVISORS.  TAXATION SPECIALISTS.

At Deans and Rees we try to keep our clients informed of all critical dates that relate to their tax returns and tax payments.  Below is a list of key dates that you may find useful.

Goods and Services Tax
The following are the Goods and Services Tax payment dates for the current year and relate to businesses where their balance date is 31 March.

Monthly Payments                        28th of month following, except 15th January and 7th May
Bi-monthly Payments                    7th May, 28th June, 28th August, 28th October, 15th January, 28th
                                                     February
Six Monthly Payments                  28th October & 7th May

Provisional Tax - with 1 or 2 monthly GST Payments
The following are the Provisional Tax payment dates for the current year, and relate to businesses where:

their balance date is 31st March
they are registered for GST on a 1 or 2 monthly basis

28th August                                Payment due for 1st installment
15th January                               Payment due for 2nd installment
7th May                                       Payment due for 3rd installment

Provisional Tax - with 6 monthly GST Payments
The following are the Provisional Tax payment dates for the current year, and relate to businesses where:

their balance date is 31st March
they are registered for GST on a 6 monthly basis
The typical payment dates:

28th October                              Payment due for 1st installment
7th May                                      Payment due for 2nd installment

Terminal Tax (wash-up for previous tax year)
The payment dates are:

7th April                                      For those with an Extension of Time (ie. linked to a tax agent)
7th February                               For those without an Extension of Time (ie. not linked to a tax agent)

PAYE Employer Schedules & Deduction Payments
The payment dates are:

5th & 20th of the month following for large employers
20th of the month for small employers

Student Loan Interim Payments
The payment dates are:

28th August                               Payment due for 1st installment
15th January                              Payment due for 2nd installment
7th May                                      Payment due for 3rd installment

INCOME TAX RETURNS

The following are the tax return dates for the current year and relate to businesses where their balance date is 31st March.

7th July current year                 For those without an Extension of Time (ie. not linked to a tax agent)
31st March the following year  For those with an Extension of time (ie. linked to a tax agent)