Your final provisional tax installment date for the 2018 Income tax year is due 28th June 2018. Due to the recent legislation changes use of money interest only starts being charged now if your tax liability is greater than $60,000.
We would like to complete a quick estimate of your 2018 income tax to ensure that we can minimise your use of money interest and give you an indication of your tax liability and when this will be due.
To complete this we require the following –
- Your accounting software up to date to 31 May 2018, OR if we complete your GST can you please send in your records as soon as possible
- Livestock on hand as at 31 May 2018 completed via this link – May 2018 Livestock Questionnaire
- Total production for the 2017-2018 season, this can be emailed through to Tessa (firstname.lastname@example.org) once you have completed the above steps
We look forward to receipt of this information shortly so we can complete this review in a timely manner for you.
Nick Hoogeveen & Associates - Chartered Accountants
Disclaimer - This document is a guide only. It should not be used as a substitute for legislation or legal advice. Nick Hoogeveen & Associates is not responsible for the results of any actions taken on the basis of information in this document, or for any errors or omissions.