Window to buy 2014 tax now closed

Window to buy 2014 tax now closed

Window to buy 2014 tax now closed Lee Stace

Read me WEBSITEYou can no longer purchase tax from Tax Management NZ (TMNZ) to settle 2014 income tax liabilities, unless you have received a reassessment notice from Inland Revenue (IRD).

IRD will otherwise not accept the use of purchased tax pool funds to settle provisional and terminal tax liabilities as we are now more than 75 days past all terminal tax dates for the 2014 tax year.

In instances where you have received a reassessment notice from IRD, you have 60 days from the date the reassessment notice was issued to use tax pooling to settle tax liabilities.

As far as 2015 provisional tax goes, you still have plenty of time to purchase this.

Please log in to your TMNZ account or email support@tmnz.co.nz if you need tax for the 2015 income year.

 

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