Your April Tax Dates and Update for Businesses |
We have summarised tax deadlines coming up in April, to prevent you from missing any deadlines and facing a penalty. Tax Calendar - April/May 2023- 7 April - Terminal tax - Terminal tax due for 2022 income year for clients who we prepare tax returns for.
- 20 April - PAYE - Small employers PAYE payment for deductions made between 1st March and 31st March. Large employers PAYE payment for deductions made between 1st April and 15th April.
- 8 May - GST - Returns for two-monthly & six-monthly filers with March balance dates.
- 8 May - Provisional Tax - Provisional tax instalment due for 2023 income year for clients we prepare returns for.
Don't forget the following updates for businesses:Minimum Wage Increase The Government has increased the minimum wage by $1.50 an hour to $22.70, a 7% increase in line with inflation. The changes come into effect in April. Get in Touch Make sure to plan for your tax obligations in your monthly cash flow forecasting. Get in touch if you need to review your forecast and look at options. |