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 2023

• 7 August - PAYE - Large employers payments due for deductions made 16th to 31st July. File employment information within two working days after payday.

• 21 August - RWT - RWT return and payment due for deductions from dividends and deductions of $500 or more from interest paid during July.

• 21 August - NRWT / Approved Issuer Levy - Payment and return for July.

• 21 August - PAYE - Large employers payments due for deductions made 1st – 15th August. Small employers payments for deductions made in July. File employment information within two working days after payday.

• 28 August - GST - Payment and return for July.

• 28 August - Provisional Tax - Instalment due

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. Get in touch if you need to review your forecast and look at options.