Provisional tax is like paying progress payments on next year’s income tax. Be aware of the rules that can lower compliance costs for small businesses. Talk to us about your tax plan. #smallbusiness If you had to pay tax of more than $5,000 in your last income...
Getting your financial end of year work done now will give you accurate data to make informed business decisions. Get your end-of-financial-year work done now so you can focus on your business. A new financial year is upon us and that means that it’s time to check the...
Remembering the filing and payment deadlines for your business can be challenging. And forgetting about tax payments coming up can seriously disrupt your cash flow planning. We have summarised tax deadlines coming up in February, to prevent you from missing any...
When do I have to make tax and GST Payments? Your list of tax and GST due dates – note that PAYE is due to be paid on the 20th of every month. Income Tax Returns are due to be filed on or before 31st March each year. March Balance Date – Not GST Registered 28th August...
GST is levied at 15%, and based on consumption, you charge GST at 15% on Sales, you claim 15% of GST on relevant expenses. The difference between the two is filed with the IRD in your GST Return and the difference is paid to the IRD or refunded to you. Income tax is a...