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.
If you're a contractor getting schedular payments, you can:
- use the standard schedular payment tax rate for your activity
- apply for a tailored tax rate
- choose your own tax rate
- apply for an exemption from schedular tax.
You'll need to declare your tax rate to your payer. If you get an exemption, you'll need to show them your certificate of exemption.
Choosing to get schedular payments
People can choose to have their income treated as schedular payments in some circumstances. These are called voluntary schedular payments.