Date: 13th December 2016
In the race to have everything done before the Christmas closedown, or the Christmas rush, make sure you take some time to look at your cashflow and plan for the new year. January is a month with some key tax dates, with a lot of things falling due on 16 January in particular (see our reminders below).
As well as the usual PAYE return dates, GST returns for both November and December are due in January. And for many, January and February can be big months for provisional tax. Plan ahead to make sure you’re covered.
Note: these dates apply to those clients for whom we prepare tax returns. Different dates will apply for those clients for whom we don’t prepare returns. Please ask us if you’d like more information.
|Tax Type||Who / What||When it’s due|
|PAYE||large employers return and payment||5 December AND 20 December
16 January AND 20 January
7 February AND 20 February
|small employers return and payment||20 December
|GST||return and payment for the period ended 30 November
… for the period ended 31 December
… for the period ended 31 January
|FBT||quarterly return and payment (if you pay it quarterly)||20 January|
These dates assume you have a March or a May balance date and that we prepare your tax returns. Please contact us if you have a different balance date and would like more information.
|I pay provisional tax…||And my balance date is…||So my provisional tax is due next…|
(6 times a year)
|March OR May||16 January AND 28 February|
(3 times a year)
(twice a year)
Contact us if you think cashflow will be tight and you’d like to talk through options for how to manage it best.