Income tax Dates
OCT 28Provisional tax payments are due if you have a March balance date and use the ratio option.
JAN 15Provisional tax payments are due if you have a March balance date and use the standard, estimation or ratio options.
FEB 7End-of-year income tax and Working for Families bills are due, unless you have an extension of time to file your income tax return.
Investment income reporting relates to interest, dividends, portfolio investment entity (PIE) income, taxable Māori authority distributions and royalties.
If you receive investment income you may have resident or non-resident withholding tax deducted from it by your payer (bank or fund manager) before it is paid to you.
If your business or organisation is a payer of investment income, you must send us information about who you pay. This helps us make sure people are paying the right amount of tax and receiving the correct entitlements.
Changes to reporting investment income
In March 2018, legislation was passed that included changes to how and when investment income is reported. Most of the changes came into effect on 1 April 2020, but some applied earlier.
The changes affect:
- payers of investment income including banks, companies, fund managers, PIEs, share registry companies and Māori authorities
- people who receive investment income.