Ird Tax Due Date Calendar 2023: Everything You Need To Know

It’s that time of the year again – the tax season is upon us. As a small business owner, I understand the importance of staying on top of my tax obligations. That’s why I always make sure to keep an eye on the Ird Tax Due Date Calendar.

What is the Ird Tax Due Date Calendar?

The Ird Tax Due Date Calendar is a schedule of all the deadlines for filing various tax returns and making payments to the Inland Revenue Department (IRD) in New Zealand. It includes due dates for individual income tax, GST, PAYE, and more.

Keeping track of these deadlines is crucial to avoid penalties and interest charges. The IRD takes late or incorrect filings seriously, and the consequences can be severe.

Important Dates to Remember

Here are some of the critical dates to note for the 2023 tax season:

7 April 2023 – due date for the final instalment of provisional tax for the 2022 income year.
28 July 2023 – due date for GST returns and payments for the taxable period ending 30 June 2023.
7 September 2023 – due date for the first instalment of provisional tax for the 2023 income year.
7 February 2024 – due date for income tax returns for individuals with a standard balance date of 31 March.

World Events and Festivals in Ird Tax Due Date Calendar 2023

While taxes may not be the most exciting topic, it’s worth noting that there are plenty of exciting events and festivals happening around the world in 2023. Here are some of the highlights:

Winter Olympics in Pyeongchang, South Korea (4-20 February)
Cricket World Cup in India (9 February – 26 March)
Carnival of Venice, Italy (11-28 February)
Oktoberfest in Munich, Germany (16 September – 3 October)
Diwali Festival in India (22-26 October)

Question & Answer

Q: What happens if I miss a deadline on the Ird Tax Due Date Calendar?

A: If you miss a tax deadline, you may be subject to penalties and interest charges. The amount of the penalty will depend on the type of tax and how late the return or payment is. It’s always best to file and pay on time to avoid any unnecessary fees.

Q: Can I request an extension on a tax deadline?

A: In some cases, you may be able to request an extension on a tax deadline. For example, if you’re having difficulty gathering all the information you need to file your return, you may be able to request an extension of time to file. However, it’s essential to note that an extension of time to file does not extend the due date for any tax payments.

In conclusion, keeping track of the Ird Tax Due Date Calendar is critical for small business owners and individuals alike. By staying on top of your tax obligations, you can avoid penalties and interest charges and focus on running your business or enjoying life.