This article provides a comprehensive overview of key US tax deadlines for businesses and individuals in March 2018. Stay compliant and avoid penalties by ensuring you meet all filing and payment requirements on time.
IRD into Stage Two of Business Transformation
The IRD has been working hard to be easier to do business with. It’s new tax system is currently kicking in, giving you new and simpler ways to manager your GST obligations through myIR.
Enhancements include the traceability of GST transfers and Notifications and Alerts sent when there is something for you to do in your myIR account.
Provisional Tax and GST are due on 15 January
The timing of these payments isn’t ideal as many of you will be indulging in the delights of summer. But it’s important that you don’t neglect your tax obligations – especially as Inland Revenue will charge 8.22% interest and late payment penalties if you don’t pay the tax you are required to pay on time.
Get your business prepared for the end of the 2017 financial year by working through the points in our end of year tax checklist in the link below. We detail […]
Planning Christmas gifts for clients or staff? The IRD has changed the tax deduction rules for gifts containing food or beverages. Now, only 50% is deductible. Learn more about this policy and how it might affect your business.