Te whakaroa atu i te wa whakahoki puka take 2009 mai
Extension of time arrangements for 2009 returns
Exceptions to filing targets
Two or more returns outstanding (R EOT)
When a client is linked to a tax agent and that tax agent has an EOT under section 37(4) of the TAA, the client is:
- automatically given an EOT to file their annual return
- protected from a late filing penalty until after 31 March
- entitled to a 7 April due date for terminal tax and other payments such as student loan obligations and working for families, provided the client doesn't have two or more returns outstanding.
New clients who have two or more returns unfiled at the time of linking (R EOT) won't be entitled to an automatic EOT for the current year.
If you take on a client and you find that the client has returns outstanding for two or more years there are two alternatives:
- If the returns identified aren't required to be filed, call the tax agents' line or advise your agent account manager or Large Enterprises account manager.
- You or the client may apply for an individual EOT arrangement under section 37(3) of the TAA.
Clients with R EOT don't have EOT automatically reinstated when the outstanding returns are filed. Please contact your agent account manager or Large Enterprises account manager if you have clients who should have EOT reinstated.
It is important that the client has EOT reinstated before the current return is filed if the client is to receive a 7 April due date for affected revenues for the current and future years. Clients who don't have EOT reinstated before the return is filed will retain 7 February as the due date for the current year.
Date published: 07 Jul 2009
Back to top
