Tax liabilities- meaning and definition
What are tax liabilities?
Tax liabilities are a way for businesses and individuals to account for income earned throughout the year. It is the total amount of tax owed by an individual, corporation or any other entity.
Tax liabilities- video guide
Tanesh Nathman, our Client Delivery Specialist, explains what tax liabilities are.
Further Resources for Paying Tax:
- Becoming a provisional taxpayer
- Find a TMNZ Premium Partner to walk you through your options
- Learn more about provisional tax here
- Learn more about provisional tax payment dates here
- Check out our calendars for standard provisional tax dates and alternative provisional tax dates