Its crazy busy at the moment trying to reach our targets and getting client 2022 work done and the tax returns filed. At the same time we are converting some of you to Xero & Myob as Banklink is finishing at the end of April so we are trying to get you transferred over to the most suitable software for your business.
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Workflow- IRD Deadline Extended to 31 May 2023
Susan & Maurice are inundated with work that needs to be done, so they are heads down doing as much as they can over the next 3 and a half weeks and doing sign off meetings with clients. We have our own targets to meet with Inland Revenue to maintain our ability to give clients extension of time.
Inland Revenue has again extended the timeframe to file 2022 income tax returns to 31 May 2023 because Accountants have had such a big workload over the past few years and have clients who have been affected by the recent weather events that need other support. Inland Revenue won’t start chasing outstanding returns or impose late filing penalties until after this date. So, bear with us while we get the workload down and work done over the next 2 months. Some clients will have preference over others because we realise there may be tax impacts for some on the 7th of April and 7th May. Our other clients with priority are clients who may be entitled to the Cost-of-Living allowance and need to have their returns filed by 31 March 2023.
If you haven’t got your end of year information to us yet for 2022 then we will struggle to get it done by 31 March 2023 if you are entitled to the Cost-of-Living allowance. |
