Employing staff Dates
JUL 20Employer deductions payment due for 1 to 15 July if you deduct more than $500,000 PAYE and ECST per year.
JUL 20Employer deductions payment due for June if you deduct less than $500,000 PAYE and ESCT per year.
JUL 20Your FBT quarterly return and payment are due for the period ending 30 June if you have a March balance date.
When an employee is based overseas you might pay for accommodation on their behalf or pay an accommodation allowance.
In some situations, the taxable value of overseas accommodation is greater than the taxable value of similar New Zealand accommodation. In these situations, you can use the New Zealand price to calculate any payable tax.
To work out the value of similar accommodation you should consider market values in the area the employee would live if they were working for you in New Zealand. When an employee works at multiple locations, the average or median market rental value for the whole of New Zealand can be used.