May 03, 2005

New Zealand Tax changes to ease small-medium business burden

* The due date for payments of GST will change from the last working day of the month to the 28th of the month, with effect from taxable periods ending on or after 31 March 2006.



* Provisional taxpayers will begin paying provisional tax along with their GST payments and will be able to base their provisional tax on a percentage of their GST sales with effect from the beginning of the 2007-08 income year.

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