Remembering the filing and payment deadlines for your business can be challenging. And forgetting about tax payments coming up can seriously disrupt your cash flow planning. We have summarised tax deadlines coming up in August for you to prevent you from missing any deadlines and facing a penalty.
Tax Dates for August 2022
- 5 August – PAYE – Large employers PAYE payment for July. File employment information within two working days after payday.
- 22 August – PAYE – Large employers PAYE payment for August. Small employers PAYE payment for July. File employment information within two working days after payday.
- 22 August – RWT – RWT return and payment due for deductions from dividends and deductions of $500 or more from interest paid during July.
- 22 August – NRWT / Approved Issuer Levy – Payment and return for July.
- 29 August – GST – Payment and return for July.
- 29 August – Provisional Tax – Instalment due on the 29th as the 28th falls on a weekend.
Note: the provisional tax due dates apply to those clients who have a March balance date. Different dates will apply for those clients who have different balance dates.
Make sure to plan for your tax obligations in your monthly cash flow forecasting. Reach out to your Walker Wayland Accountant if you need to review your forecast and look at options.
