Failing to meet your employer obligations: Late filing and non-electronic filing penalties
Penalties for late filing and non-electronic filing
Late filing penalty
By law you must file your tax returns on time. If you don't file your Employer monthly schedule (IR348) by the due date, you may have to pay a late filing penalty. A late filing penalty of $250 is imposed for each employer monthly schedule we receive late. We will send you a statement advising you of the late filing penalty and the due date for paying it.
Late payment penalties and interest are also charged on late filing penalties which are not paid by the due date.
Non-electronic filing penalty
Employers who must file their Employer monthly schedule (IR348) electronically and fail to do so in the required format may be charged a non-electronic filing penalty. The penalty is the greater of $250 or $1 for each person employed at any time during the month to which the schedule relates.
For example, if there are 500 employees listed on the schedule each month, the penalty will be $500 each month. This penalty is payable by the 5th of the following month and will attract late payment penalties and interest if unpaid.
Employers who have an exemption from filing the schedule in the prescribed format and voluntary electronic filers will not be charged a non-electronic filing penalty.
Date published: 13 Feb 2007
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