Payday Filing - Important Dates to Remember
7 February: Income tax payments, student loan repayments and Working for Families Tax Credit payments are due for clients without an extension of time or a tax agent.
9 February: For tax agents with an EOT 80% of your clients with standard balance dates returns should be filed .
15 February: The last day for requesting L letters to be issued.
28 February: Provisional tax payments are due for ratio option clients who have a March balance date. January GST returns and payments are also due.
Ronald McDonald House Charities
Recently a group of staff members from Robertson
Bixley Ltd had great pleasure in designing a menu,
purchasing ingredients and cooking for the Ronald
McDonald House families. This was an amazing
experience to provide a home cooked meal for
families going through a traumatic time in their lives.
We had a fantastic evening, showed great team work.
Such a wonderful cause.
Christmas Closing Down Hours
We would like to take this opportunity to wish you and your families a very Merry Christmas and all the best for the New Year. Our office will close on Thursday 20th December 2018 and reopen in the New Year on January 14th, 2019.
If you have not sent your year-end information to us, we request that you to do this as soon as possible. With a large portion of December and January consisting of the holiday period, there is barely over a 2 month window to get your accounts complete by year end (for those of you with March balance dates).
If you haven't seen our latest Newsletter it can be found under News / Our Documents.
Audit Shield Master Policy
What are random Tax and Government audits?
Audits, reviews and investigations are conducted by the Inland Revenue (IRD) and other government agencies to ensure business and tax payer compliance with various tax and legislative requirements such as Income, PAYE, GST, FBT, Record Keeping, KIWI Saver, Employer Returns, Gift Duty and Computer Tax Audits amongst others.
How likely am I to get a random audit, review or investigation?
The IRD, along with other government agencies continue to announce significant increases in their audit activity. Now more than ever Businesses are at risk of being selected for a random audit or review.
What are the costs to businesses and tax payers in the even of a random audit, review or investigation?
If your business or individual return is subjected to a random audit, review or investigation, you are responsible for the costs (professional fees) involved in providing the required information. Even the simplest enquiry can require hours of work. In multiple years or multiple companies and trusts, thousands of dollars in accounting and legal fees can be incurred. The cost of being properly represented in these matters can be quite considerable depending on the length of time involved.
How can I protect myself from the costs of random audits, reviews and investigations?
We can offer you participation in our Audit Shield Master Policy which can provide you with comprehensive relief from these costs (fees).
The Audit Shield Master Policy provides for the payment of the professional fees incurred as a result of you being selected for an audit, review or investigation by the IRD or other Government body. The Audit Shield Master Policy premium provides a fixed, cost effective solution to guard against these unbudgeted costs.
What Costs are covered?
The service covers all professional fees up to a prescribed limit (with no excess) when responding to, or representing you in an audit, review or investigation. These include not only our fees, but also legal fees, bookkeeping fees and specialist professional advisor fees (e.g. specialist accountants, lawyers etc).
Who is covered?
All of our clients can take advantage of our Audit Shield Master Policy. Different levels of cover are available for:
salary and wage earners;
businesses or business groups;
What do I need to do to participate in the Audit Shield Master Policy?
Please contact Robertson Bixley Reception on 09 299 6596 and we will send you an information pack including an acceptance form/invoice.
Changed Your Bank Account ?
If you have changed your bank account, please let us know before we undertake your tax return, otherwise you might miss out on your tax refund.
"We have heard of cases recently where the refund has gone to an account no longer associated with a business and the taxpayer has missed out."
Make sure that you have given us your current bank account details for the account you would like your tax refunds paid to. And let us know immediately if your account details change.