A reminder that clients with a 7 April terminal tax date who have not settled their 2014 tax position have until 15 June to purchase tax from Tax Management NZ (TMNZ).
Inland Revenue will not accept the use of purchased tax pool funds to settle 2014 income tax liabilities if they are more than 75 days past their terminal tax date.
In order for us to meet this deadline, please ensure your client makes payment by 15 June.
We still have tax available to purchase at all dates for the 2014 year.
Please log in to your TMNZ account or contact us now to put in a Tax PURCHASE request.