Provisional Tax Due Dates

If you are registered for GST this will determine when provisional tax payments are required to be paid. If you have a standard 31 March balance date and pay GST six monthly you pay provisional tax by 28 October and 7 May (ie two instalments).

If you have a standard 31 March balance date and pay GST on a two monthly basis then you pay provisional tax by 28 August, 15 January and 7 May (i.e. three instalments). If you have a standard 31 March balance date and are not registered for GST then you pay provisional tax in three instalments by the same three dates.

If you have a standard 31 March balance date and use the ratio method to calculate GST then provisional tax is paid in six instalments.

2012-04-01T09:00:19+00:00April 1st, 2012|Tax|

Facebook

Twitter

LinkedId