December 2024 and January 2025 tax dates

We know there’s a lot to get through before Christmas closedown. Spare a thought for your tax obligations for December and January.

Cash flow is uneven for many businesses over this period. Whether you’re in a flurry of January sales or taking time off on the beach, having unforeseen tax due will be an unwelcome surprise. 

Some key dates to watch out for:

20 December 2024:

• PAYE. Small employers return is due for November and large employers returns for the first half of December.

  
  

15 January 2025:

• Provisional Tax - Instalment due for Standard or Estimation Option taxpayers with March, July, or November balance dates. (Different dates will apply for those clients who have different balance dates.)

• GST - Payment and return for November.

• PAYE - Large employers return for the second half of December.

  
  

20 January 2025:

• PAYE - Small employers return is due for December and large employers returns for the first half of January.

• NRWT - Approved Issuer Levy payment and return due.

• RWT - Return and payment due for deductions from dividends and deductions of $500 or more from interest paid during December.

• FBT - Return for December quarter.

  
  

28 January 2025:

• GST - Payment and return for December.

  
  

Contact us if you’re unsure of your total tax obligations or need to consider options that might give you a bit more leeway.