Filing returns and making payments: Employers with $500,000 PAYE or more
Employers with $500,000 PAYE or more
If your gross annual PAYE was $500,000 or more in the previous year ended 31 March or your gross annual PAYE goes over $500,000 in the first year of employing, the following information applies to you.
What you need to do in the first half of the month
- Pay deductions from wages paid between the 1st and 15th of the month by the 20th of the same month.
- Complete and electronically file an Employer deductions form (IR345) using ir-File.
What you need to do in the second half of the month
- Pay deductions from wages paid between the 16th and the end of the month by the 5th of the following month.
- Complete and electronically file the Employer monthly schedule (IR348) and the Employer deductions form (IR345) using ir-File.
The exception is the second period of December, when payment is not due until 15 January.
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| If the due date falls on a weekend or public holiday, you can make your payment on the next working day without penalty. | |
How to file your IR348
You must file your Employer monthly schedule (IR 348) electronically using ir-File, unless you have an exemption. Go to ir-File - File your schedule online > To find out more about exemptions, please call us on 0800 377 772.
Find out more
You can generate a list of all the due dates that apply to you by going to Work it out > Tax due date calculator >
Date published: 31 Mar 2009
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