Dates to Remember

Your End of Financial Year Checklist!

For most of us tax payers, March 31st  marks our end of financial year. It’s often a mad rush to find all the receipts and invoices, as well as counting out stock and accounting for all our assets. Then there are all the bills to pay and monies in to chase up too! It’s no wonder so many small business owners hate the end of financial year!

Embracing Your End of Financial Year Requirements

It’s nothing new. We know it is coming. Yet so many of us leave everything to the last minute and often for different reasons. You might hate paperwork or find looking at numbers makes you cross-eyed. But being organised and facing the challenge head on brings both financial and emotional rewards. You feel great because you have done it and you save money by having everything ready for your bookkeeper, so they don’t need to spend time chasing it up.

We’re here to help you save that money and feel great!

We’ve created an end of financial year checklist for business owners to make things easy.

  1. Gather all your financial documents

This includes things such as:

  • Bank statements
  • Suppliers invoices
  • Wage book and IR345 forms, or a printout of a computerised payroll
  1. Find and/or record all the appropriate business information
  • How much cash you have on hand
  • A copy of your stock count – if it is over $10,000 in value
  • Any fixed asset purchases
  • Records of mortgage loan payments, fixed asset purchases, hire purchase agreements, sale and purchase agreements
  • Value of any work in progress
  • Any cash you received during the year which was not banked
  • Any home office expenses such as power and rent
  1. Get all your tax information together
  • Interest and dividends received
  • Motor vehicle log book
  • Entertainment expenditure
  • Details of fringe benefits
  • Changes in directorship or shareholders
  • Investments
  • Employee holiday entitlements
  • Copies of GST returns
  • Any money you are owed or owe another person or business
  • Any bad debts you have written off
  • Donations you have made

Organising Your Bookkeeping Records

Here at Do the Sums, numbers give us a kind of thrill. It’s nothing kinky or anything, but rather that to us, numbers are incredibly exciting. There is nothing more satisfying than putting all the pieces together and completing the end of year financial records!

We’d love to help you sort out yours too! Give us a call or send us an email and we’ll make sense of those numbers for you.

 

 

October Tax Due Dates

Slip these October Tax Due Dates into your schedule

October Tax Due Dates

Avoid missing the deadline. Add these dates to your schedule now.

October can be quite a busy month – labour weekend and of course the weather can start to warm up. But it’s important not to forget any of your obligations with tax. To keep you on track add these October Tax Due Dates to your schedule now.

  • 20th PAYE return and payment due
  • 20th Quarterly FBT return and payment due
  • 28th GST return and payment due August/September (2 monthly filing), September (monthly filing) and April-September (6 monthly filing)

Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

 

If you are getting really busy in your business or with life in general it might be time to look at passing over some of these tasks to a professional. Please contact us today to see how we can help.

September Tax Due Dates

Pencil these September 2016 Tax due dates into your planner

September Tax Due Dates

Pencil these tax due dates into your planner to avoid any late payment penalties.

September 2016 Tax Due Dates:

  • 20th PAYE return and payment due
  • 28th GST return and payment due for August (monthly filing)

If you are struggling to find the time to get your returns filed?? Or if you are unsure if you are completing these returns correctly then now is the time to get in touch with us to let us take over the hassle freeing up your time for more important things.

Note: If a  tax due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

July 2016 Tax Due Dates

Note down these July 2016 tax due dates now

July 2016 Tax Due Dates

24 Have you filed yours?

Here are the 2016 Tax Due Dates:

  • 7th – 2016 Income Tax return due (no Tax Agent)
  • 20th – PAYE return and payment due
  • 20th – Quarterly FBT return and payment due
  • 28th – GST return and payment due June (monthly filing)

Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

Got a Tax Agent completing your return? No! Have you filed your return yet?

2016 Tax year Income Tax returns are due to be filed by the 7th July 2016 if you do not have a Tax Agent. If the realisation that the due date is just around the corner is sending you into a spin, take a breath. You have 2 options put that head down and get it done in the next few days or get in touch with us to see how we can help you to get this completed for you hassle free (with a due date extension for filing to 31st March 2017).

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June 2016 Tax Due Dates

Make note of these June 2016 Tax due dates now

June 2016 Tax Due Dates

Don’t forget to file on time. Note down these due dates now.

Below are the June 2016 Tax Due dates you need to make note of in your diary now. If you are struggling with getting your bookkeeping and returns up to date and filed on time. Get in touch to find out how we may be able to help get you up to speed.

  • 1st Quarterly and Annual FBT returns due
  • 20th PAYE return and payment due
  • 28th GST return and payment due forApril/May (2 monthly filing) and May (monthly filing)

Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

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April Tax Due Dates

Start the new financial year off right – add these  April  Tax Due dates to your calendar now

April Tax Due Dates

Start the new financial year off right – add these dates to your calendar now and get your returns filed on time. Avoid paying penalties.

Get the new Financial year off to a flying start and Make note of these April Tax Due Dates now.

  • 1st Start of the 2017 Financial Year
  • 7th 2015 End of year (Residual) Income tax payment due (with Tax Agent)
  • 7th Income Year FBT return and payment due (with Tax Agent)
  • 20th PAYE return and payment due

Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

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March Tax Due Dates – 2016

Put your feet up knowing that your returns and payments will be filed on time. Add these March Tax Due dates to your diary now!

March Tax Due Dates to note:

  • 20th PAYE return and payment due
  • 28th GST return and payment due (monthly filing)
  • 31st 2015 Income Tax Return Due (with Tax Agent)
  • 31st Last day of the 2016 financial year (standard balance date)

Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.

If you are struggling to find the time to get your returns filed let alone put your feet up – Then it’s time to get in touch. We can help ease the load and get those bookkeeping tasks completed for you in no time. Contact me know to discuss how we can help YOU!

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Free up your time!! Get these returns sorted now.

Post these February Tax Due Dates to your Calendar now

Free up your time!! Get these returns sorted now.

Free up your time!! Get these returns sorted now.

  • 6th Waitangi Day
  • 7th 2015 End of year (Residual)Income tax payments due (no tax agent)
  • 7th Income Year FBT return and payment due (no tax agent)
  • 8th Waitangi Day observed
  • 20th PAYE return and payment due
  • 28th GST return and payment due for December/January (2 monthly filing) and January (monthly filing)


Note: If a due date falls on the weekend the date is moved to the Monday following. Also be aware that both payment and returns must be received by the IRD on or before the due date.


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