Important tax pooling deadlines to settle 2015 income tax liabilities

Important tax pooling deadlines to settle 2015 income tax liabilities

Important tax pooling deadlines to settle 2015 income tax liabilities Lee Stace

Don't forgetPlease refer to the table below for key tax pooling deadlines of which you need to be aware if your clients need to use tax pooling to settle underpaid 2015 income tax liabilities.

IRD will not accept the use of purchased tax pool funds to settle 2015 income tax liabilities if your clients are more than 75 days past their terminal tax date.

Balance date

Last TMNZ Payment Date

IRD Deadline
(no extension of time)

Last TMNZ Payment Date

IRD Deadline
(with extension of time)

November 2014

Date has passed

Date has passed

17 February

20 February

December 2014

Date has passed

Date has passed

22 March

30 March

January 2015

17 February

20 February

15 April

22 April

February 2015

22 March

30 March

3 May

21 May

March 2015 to September 2015

15 April

22 April

15 June

21 June

As you can see, the last TMNZ payment date for November balance date clients with extension of time and January balance date clients without extension of time is 17 February.

This is a special payment date. You can request a Tax PURCHASE quote for clients with a 7 December terminal tax date by selecting the appropriate balance date from the options below:

November 2014 – Request a quote here
January 2015 – Request a quote here