Important IRD Dates

hamilton-fantail

Important IRD Dates

Below are important IRD dates for payment and return filing you should be aware of. To keep up to date with accounting information relevant to your business, browse through our client newsletters or contact Barraclough and Associates for advice and information.

22 February 2016

(Due to 20th falling on a weekend)

PAYE

  • Employer monthly schedule (IR 348) due for small employers
  • Employer deductions (IR 345) form and payment due for small employers for the period 1 January to 31 January
  • Employer deductions (IR 345) form and payment due for large employers for the period 1 February to 15 February

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during January

N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months Non-Resident Withholding Tax or Approved Issuer Levy

29 February 2016

(Due to 28th falling on a weekend)

GST

  • Return and payment due for the period ended 31 January

Provisional Tax
Standard or Estimation Option and/or 1 or 2 monthly GST filing & Student Loan Interim Payments

  • 2nd Instalment (May balance date)

Provisional Tax
Six Monthly GST Filing

  • 1st Instalment (July balance date)

7 March 2016

(Due to 5th falling on a weekend)

PAYE

  • Employer monthly schedule (IR348) due for large employers
  • Employer deductions (IR345) form and payment due for large employers for the period 16 February to 28 February

21 March 2016

(Due to 20th falling on a weekend)

PAYE

  • Employer monthly schedule (IR348) due for small employers
  • Employer deductions (IR345) form and payment due for small employers for the period 1 February to 28 February
  • Employer deductions (IR345) form and payment due for large employers for the period 1 March to 15 March

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during February

N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months\’ Non Resident Withhoding Tax or Approved issuer levy

29 March 2016

(Due to 28th falling on a weekend)

GST

  • Return and payment are due for the period ended 28 February

Provisional Tax
Standard or Estimation Option and/or 1 or 2 monthly GST filing & Student Loan Interim Payments

  • 1st Instalment (October balance date)
  • 2nd Instalment (June balance date)
  • 3rd Instalment (March balance date)

31 March 2016

Imputation Year

  • Final day of imputation year. 10% penalty incurred on debit balance in imputation account and dividend withholding payment account after this date
  • Final day for refund of excess RWT deductions

Tax Returns

  • Final day to file tax returns for taxpayers with a tax agent

Terminal Tax
Student Loan

  • 2nd repayment instalment due for student loan borrowers who are overseas

7 April 2016

PAYE
(Due to 5th falling on a weekend)

  • Employer monthly schedule (IR348) due for large employers
  • Employer deductions (IR345) form and payment due for large employers for the period 16 March to 31 March

Terminal Tax

  • For taxpayers (with a tax agent) with balance dates between 1 March and 30 September

Terminal Student Loan Repayment

  • For those with balances between 1 March and 30 September

FBT

  • FBT return (IR421) and payment due for employers (with a tax agent) with balance dates between 1 March & 30 September (if payable on income year basis)

Qualifying Company Election Tax

  • IR 4P return and payment due for companies (with a tax agent) with balance dates between 1 March and 30 September

20 April 2016

 PAYE

  • Employer monthly schedule (IR348) due for small employers
  • Employer deductions (IR345) form and payment due for small employers for the period 1 March to 31 March
  • Employer deductions (IR345) form and payment due for large employers for the period 1 April to 15 April

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during March
  • RWT Return and payment due for interest payments made from 1 October to 31 March where the deductions do not exceed $500 per month

Approved Issuer Levy

  • Return and payment due for approved issuer levy made in period between 1 October and 31 March where estimations of the deductions of the levy will not exceed $500 per month

N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months\’ Non Resident Withholding Tax or Approved Issuer Levy

5 May 2016

PAYE

  • Employer monthly schedule (IR348) due for large employers
  • Employer deductions (IR345) form and payment due for large employers for the period 16 April to 30 April

9 May 2016

(Due to 7th falling on a weekend)

GST

  • Return and payment due for period ended 31 March

Provisional Tax
Standard or Estimation Option and/or 1 or 2 monthly GST filing & Student Loan Interim Payments

  • 2nd Instalment (July balance date)
  • 3rd Instalment (March balance date)

Provisional Tax
Six Monthly GST Filing

  • 1st Instalment (September balance date)
  • 2nd Instalment (March balance date)

20 May 2016

PAYE

  • Employer monthly schedule (IR348) due for small employers
  • Employer deductions (IR345) form and payment due for small employers for the period 1 April to 30 April
  • Employer deductions (IR345) form and payment due for large employers for the period 1 May to 15 May

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during April

N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months\’ Non Resident Withholding Tax or Approved Issuer Levy

30 May 2016

(Due to 28th falling on a weekend)

GST

  • Return and payment due for the period ended 30 April

31 May 2016

RWT

  • Annual reconciliation statements (IR15S, interest and IR17S or 17SA) due for the year ended 31 March

FBT

  • FBT return (IR420) and payment due for employers for the quarter ending 31 March (if completed on a quarterly basis)
  • FBT return (IR422) and payment due for employers for the year ended 31 March (If completed on an annual basis) Employers who provide no fringe benefits are to file an annual Nil return (IR419), unless the CIR has waived this requirement

7 June 2016

(Due to 5th falling on a weekend)

PAYE
Employer monthly schedule (IR348) due for large employers

  • Employer deductions (IR345) form and payment due for large employers for the period 16 May to 31 May

20 June 2016

PAYE

  • Employer monthly schedule (IR348) due for small employers
  • Employer deductions (IR345) form and payment due for small employers for the period 1 May to 31 May
  • Employer deductions (IR345) form and payment due for large employers for the period 1 June to 15 June

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during May

Dividend Withholding Payment

  • Where a dividend withholding payment account company has a debit balance as at 31 March, a further dividend withholding payment and dividend payment penalty is now due and payable

N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months\’ Non-Resident Withholding Tax or Approved Issuer Levy

Imputation Year

  • Where an imputation credit account company has a debit balance at 31 March a further income tax and imputation penalty is now due and payable

28 June 2016

GST

  • Return and payment due for the period ended 31 May

Provisional Tax
Standard or Estimation Option and/or 1 or 2 monthly GST filing & Student Loan Interim Payments

  • 3rd Instalment (May balance date)

30 June 2016

FBT

  • Last date for employers to elect to pay FBT annually

5 July 2016

 PAYE

  • Employer monthly schedule (IR348) due for large employers
  • Employer deductions (IR345) form and payment due for large employers for the period 16 June to 30 June

7 July 2016

Tax Returns

  • Tax returns for the year ended 31 March are to be filed by taxpayers (without a tax agent) with balance dates between 1 October and 31 March: Individuals (IR3), Companies & Unit Trusts (IR4), Estates or Trusts (IR6), Partnerships (IR7), Clubs & Societies (IR9), Superannuation Funds (IR44)

20 July 2016

PAYE

  • Employer monthly schedule (IR348) due for small employers
  • Employer deductions (IR345) form and payment due for small employers for the period 1 June to 30 June
  • Employer deductions (IR345) form and payment due for large employers for the period 1 July to 15 July

RWT

  • RWT Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during June


N-RWT / Approved Issuer Levy

  • Payment and Return due for either preceding months\’ Non-Resident Withholding Tax or Approved Issuer Levy

FBT

  • FBT Return (IR420) and payment due for employers for the quarter ending 30 June (if completed on a quarterly basis)

28 July 2016

GST

  • Return and payment due for the period ended 30 June

Provisional Tax
Standard or Estimation Option and/or 1 or 2 monthly GST filing & Student Loan Interim Payments

  • 3rd Instalment (June balance date)

Provisional Tax
Six Monthly GST Filing

  • 2nd Instalment (June balance date)