Merry Christmas

Wishing you a very Merry Christmas and a wonderful New Year from the team at Walsh & Associates

...Vaughan, Kevin, Tessa, Graeme, Dave, Hayden & Karin

 

Our offices close on Friday 20 December 2013 and re-open Monday 13 January 2014

Provisional Tax – do you have a payment due?

As we look forward to the Christmas break, please don’t forget that on 15 January 2014 you may be required to make a provisional tax payment to the IRD if your balance date is 31 March. This is the second provisional tax instalment due for the income tax year ended 31 March 2014.

So who has to make a payment? Prima facie a taxpayer who had residual income tax of $2,500 or more in the prior income tax year (31 March 2013) will be required to make a payment to IRD. However, we all know prior trading history does not always reflect the current income year. There will be taxpayers out there who are not obligated to make a payment, yet are trading well and should consider making a payment to avoid penalties and use of money interest. There will also be taxpayers who are trading well down from last year, and should consider holding off on making a provisional tax payment.

Provisional tax is a complicated beast; if you are uncertain about your obligations please contact Walsh & Associates for further advice.

We’ve got you covered….. from the Cloud to the waves…

Walsh & Associates are immensely proud to be sponsoring Marguerite de Savoye Vujcich, better known as the “Surfing Lawyer”.

Check out Marguerite’s website http://www.thesurfinglawyer.co.nz/

 

Like business, we love to work with winners, so all the best Marguerite.  Watch this space closely to see how Marguerite and her surfboard ‘Senior’, wipe the opposition out.

“May the waves be with you Marguerite”