Tax time planner for small business

Everything you need to know to stay IRD compliant

Select a date to find out what you need to do this tax time

February 07

2017 income tax

For those people and organisations who don’t have a tax agent, today is an important one. Your 2017 end-of-year income tax is due.

Also, you it’s time to submit your 2017 income year return and payment. Again, that’s only if you don’t have a tax agent.

Checklist:

  • 2017 end-of-year income tax (if applicable)
  • 2017 income year return and payment (if applicable)

February 20

Chocolate, roses, deductions

Even if you didn’t enjoy Valentine’s Day, it’s time to show your business some love and submit your EDF/IR345 and your EMS/IR348. That’s for people who deduct less or more than $500,000 PAYE or ESCT per year. Your EDF/IR345 form and payment is for deductions made between the 1st and 15th of the same month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

February 28

No time to waste

2018 isn’t a leap year so you won’t have an extra day in February to submit your GST return and payment. Also, provisional tax instalments are now due for people and organisations who use the ratio method. So, it would be best to get those done today.

Do you know about the new Accounting Income Method (AIM) for provisional tax that is available from 1 April 2018? Learn about it here. Start filing your GST automatically through MYOB online accounting software to the IRD with eGST

Checklist:

  • Process your GST return and payment today
  • Provisional tax instalments are due (if applicable)

March 05

New month, new forms

It’s time to submit your EDF/IR345 form and payment for deductions made between the 16th and the end of the previous month. Remember: today only applies if you deduct $500,000 or more PAYE or ESCT per year. Your EMS/IR348 for the entire month is also due.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

March 20

Do the right thing

Today is film director Spike Lee’s birthday and you shouldn’t leave your EDF/IR345 and EMS/IR348 forms until the 25th hour. If you deduct less or more than $500,000 PAYE or ESCT per year, today applies to you. Your EDF/IR345 form and payment is due for deductions made between the 1st and 15th of the same month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)

March 28

Direct to Inland Revenue

You can file your GST return and payment directly to Inland Revenue within either MYOB Essentials or MYOB AccountRight. It’s fast and hassle-free. No paper, no post, no problems!

Do you know about the new Accounting Income Method (AIM) for provisional tax that is available from 1 April 2018? Learn about it here. Start filing your GST automatically through MYOB online accounting software to the IRD with eGST.

Checklist:

  • Process your GST return and payment today

 

March 31

2017 income tax

Your 2017 income tax return is now due if you had a tax agent with a valid extension of time.

Checklist:

  • File your 2017 income tax return (if applicable)

April 01

Don't act the fool

It might be April Fool’s Day but we’re serious about provisional tax. A new method for payment, the Accounting Income Method (AIM), is now available. Learn about it here.

Now’s the perfect time to plan ahead and make sure you’re getting the most out of your accounting and payroll software that save you time and money.

Set your business up for success in 2018

  • Automate tax and payroll compliance updates with a subscription
  • Automate bank reconciliation with bank feeds
  • Link supplier invoices to your bills with smart bills
  • Track email engagement and payment activity with online invoicing
  • Complete and lodge GST returns directly to IR with eGST
  • Streamline the data capture of timesheets with MYOB YourPay
  • Automate PAYE admin in a single click with MYOB PayAgent
  • Set up AIM (Accounting Income Method) for provisional tax

April 05

Deduction time

Are you an employer who deducts $500,000 PAYE and ESCT or more per year? Now’s the time to get your EDF/IR345 form and payment in for deductions made between the 16th and the end of the month, as well as your EMS/IR348 form.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

April 07

Are you not entertained?

On this day in 1964, Russell Crowe was born in Wellington. Be the master and commander of your end-of-year income tax this year – If you have a tax agent and have a valid extension of time – today is the due date for submission.

It’s also the final day to submit your FBT return and payment for the last financial year, so don’t let this crucial day pass you by.

Checklist:

  • End-of-year income tax due for clients of tax agents.
  • FBT return and payment due for clients of tax agents.

April 20

Keep yourself in the green

All your employer deductions forms and payments are due, along with an employer monthly schedule. It doesn’t matter whether you deduct less than $500,000 PAYE and ESCT per year - everyone has to fill out the forms and pay.

You’ll also need to make sure your EDF/IR 345 and payment is made for deductions made between the 1st and 15th of the month.

Automate your PAYE obligations 

Make this the last month you deal with PAYE admin. Automate wage payments to your staff, PAYE payments to the IRD and your monthly employer schedules with a simple ‘click’ when you activate the PayAgent feature in MYOB Essentials today. 

May 01

Free yourself from PAYE admin forever

Next pay run, imagine being able to take care of all wage payments to employees, PAYE payments to Inland Revenue and your monthly employer schedules with a simple ‘click’. You can when you activate the PayAgent feature in MYOB Essentials.

Activate Now


Click on the video to see how it works.

May 05

It’s that time again!

Deducting $500,000 PAYE and ESCT or more per year? Submit your EDF/IR345 form and payment today for deductions made between the 16th and the end of the month, as well as your EMS/IR348.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable).
  • Employer Monthly Schedule (EMS/IR348) (if applicable).

May 08

Do you need a bigger boat?

Peter Benchley, the author of Jaws, was born on this day in 1940. Don't be afraid to go into the waters of GST by filing it automatically through MYOB online accounting software to the IRD with eGST.

Do you know about the new Accounting Income Method (AIM) for provisional tax that is now available? Learn about it here

Also, your GST return and payment is due today too, so make sure you take care of this so you can get safely back to dry land.

Checklist:

  • Process your GST return and payment today (if applicable).
  • Ensure your provisional tax instalments are up to date so you don’t miss a payment (if applicable).

May 20

Automate your PAYE obligations 

Make this the last month you deal with PAYE admin. Automate wage payments to your staff, PAYE payments to the IRD and your monthly employer schedules with a simple ‘click’ when you activate the PayAgent feature in MYOB Essentials today. 

May 22

It’s deduction time

All your employer deductions forms and payments are due, along with an employer monthly schedule. It doesn’t matter whether you deduct less than $500,000 PAYE and ESCT per year – everyone has to fill out the forms and pay.

You’ll also need to make sure your EDF/IR 345 and payment is made for deductions made between the 1st and 15th of the month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable).
  • Employer Monthly Schedule (EMS/IR348) (if applicable).

May 29

We’ve simplified GST

Your GST return and payment are both due today. The good news is that we’ve streamlined GST so that it’s easier than ever. Complete your return by filing it directly to Inland Revenue from within MYOB Essentials or AccountRight for a fast, easy and accurate return. It’s also completely paperless – no more forms or relying on post or couriers!

Checklist:

  • GST return and payment due today, so tick it off your list.

May 31

Winter is coming

Today’s the day to get your quarterly and annual FBT returns and payments due – pledge to do this by tonight and all the nights to come.

Checklist:

  • Process your quarterly and annual FBT returns and payments today.

June 01

Free yourself from PAYE admin forever

Next pay run, imagine being able to take care of all wage payments to employees, PAYE payments to Inland Revenue and your monthly employer schedules with a simple ‘click’. You can when you activate the PayAgent feature in MYOB Essentials.

Activate Now

June 06

Deduct!

Your EDF/IR345 form and payment is due today for deductions made between the 16th and the end of the month. Don’t forget, your EMS/IR348 for the whole month is due today, too.

Note – this only applies to employers who deduct $500,000 PAYE and ESCT or more per year.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable).
  • Employer Monthly Schedule (EMS/IR348) (if applicable).

June 20

Road to the future

This week, Saudi Arabia will finally allow women to drive cars by lifting a colossal 61-year ban. Before you get behind the wheel today, you can easily file your GST online with MYOB eGST.

All your employer deductions forms and payments are due, along with an employer monthly schedule. It doesn’t matter whether you deduct less than $500,000 PAYE and ESCT per year – everyone has to fill out the forms and pay.

You’ll also need to make sure your EDF/IR 345 and payment is made for deductions made between the 1st and 15th of the month.

Checklist:

  • Automate your PAYE obligations when you activate the PayAgent feature in MYOB Essentials today.

June 28

We’ve simplified GST

Complete your return by filing it directly to Inland Revenue from within MYOB Essentials or AccountRight for a fast, easy and accurate return. It’s also completely paperless – no more forms or relying on post or couriers!

Don’t forget – provisional tax instalments are also due today for people and organisations who use the ratio method.

Checklist:

  • GST return and payment due today.
  • Provisional tax instalment due for those who use the ratio method.
  • Start filing your GST automatically through MYOB online accounting software to the IRD with eGST

July 05

A busy month ahead

Do you deduct $500,000 or more PAYE and ESCT per year?

Today is the day to submit your EDF/IR345 form and payment for deductions made between the 16th and the end of the month. It’s also time for your EMS/IR348.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)

July 07

2018 income tax return is now due

Today is the due date for your 2018 income tax return unless you have a tax agent with a valid extension of time.

Checklist:

  • File your 2018 income tax return.

July 20

Lots to do! Get 'er done!

If you deduct less than $500,000 PAYE or ESCT per year, submit your EDF/IR345 and EMS/IR348. If it’s more, it will be the EDF/IR345 and payment for deductions made between the 1st and 15th of the same month. And your quarterly Fringe Benefits Tax (FBT) return and payment is due today.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)
  • Quarterly FBT return and payment
  • Register for MYOB PayAgent and our team will be in touch

July 28

Crank that productivity

Your GST return and payment are due today. MYOB Essentials and MYOB AccountRight make it easy to file directly to Inland Revenue.

If you're an MYOB Essentials user, have your IR login details handy for the first time you lodge your GST return through the software. If you're an MYOB AccountRight user, you'll need to be using version 2016.2 or later to use this feature. If not give us a call to upgrade. 

Checklist:

  • Lodge your GST return and payment today

August 07

Head to the green place

Today is actor Charlize Theron’s birthday! If you want to be a boss like Imperator Furiosa and if you deduct more than $500,000 PAYE or ESCT per year, it’s time for you to act. Your EDF/IR345 form and payment due for deductions made between the 16th and the end of the previous month are due, as well as your EMS/IR348 for the whole month

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

August 21

Be quick, everyone

It’s Usain Bolt’s birthday today and you can match his speed by making sure your EDF/IR345 form and payment for deductions made between the 1st and 15th of the same month are submitted.

Whether you deduct less or more than $500,000 PAYE or ESCT per year, today is for you. This also applies to your EMS/IR348. Submit that in record time too.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)

August 28

The end of Winter

Before you put that heater back in the cupboard, your GST return and payment need to be submitted. Also, provisional tax instalments are now due for people and organisations who (1) file GST on a monthly or two-monthly basis, (2) aren’t registered for GST, or (3) use the ratio method.

Checklist:

  • Process your GST return and payment today
  • Provisional tax instalments are due (if applicable)
  • Activate PayAgent in Essentials Payroll to automate your wage and PAYE payments, as well as take care of your monthly IRD reporting

September 05

Spring has sprung!

If you need a break from smelling the roses, you should submit your EDF/IR345 form and payment for deductions made between the 16th and the end of the previous month.

That applies to you if you deduct $500,000 or more PAYE or ESCT per year. And your EMS/IR348 for the entire month is also due.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

September 20

Forms for everyone

Whether you deduct less or more than $500,00 PAYE or ESCT per year, it doesn’t matter: today’s the day to submit your EDF/IR345 and your EMS/IR348. Your EDF/IR345 form and payment is for deductions made between the 1st and 15th of the same month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348) 
  •  Activate PayAgent in Essentials Payroll to automate your wage and PAYE payments, as well as take care of your monthly IRD reporting

September 28

Reach for the stars

On this day in 2008, Space X launched Falcon 1, the first privately-owned spacecraft. That was quite an important day. Almost as important is your GST return and payment which are due today.

MYOB Essentials and MYOB AccountRight make it simple to file directly to Inland Revenue so you don’t have to travel to Mars to keep things in order.

Checklist:

  • Process your GST return and payment today
  • Start filing your GST automatically through MYOB online accounting software to the IRD with eGST

October 05

Two months until December!

This year has gone quickly and now the end of 2018 is on the horizon. Today, if you deduct $500,000 or more PAYE or ESCT per year, then you’ll need to file your EDF/IR345 form and payment for deductions made between the 16th and the end of the previous month.

And don't forget - your EMS/IR348 for the entire month is also due.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

October 20

FBT return time

If you deduct less or more than $500,000 PAYE or ESCT per year, today applies to you. Time for your EDF/IR345 and your EMS/IR348.

Your EDF/IR345 form and payment is due for deductions made between the 1st and 15th of the same month.

Also don’t forget: your quarterly Fringe Benefits Tax (FBT) return and payment is due today.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)
  • Quarterly FBT return and payment
  • Activate PayAgent in Essentials Payroll to automate your wage and PAYE payments, as well as take care of your monthly IRD reporting
  • Start filing your GST automatically through MYOB online accounting software to the IRD with eGST

October 30

Men are from Mars!

80 years ago today, Orson Welles terrified unsuspecting people with his War Of The Worlds radio play. Don’t be afraid to submit your GST return and payment. Also, provisional tax instalments are now due for people and organisations who file GST on a six-monthly basis, or who use the ratio method.

Checklist:

  • Process your GST return and payment today
  • Provisional tax instalments are due (if applicable)
  • Process your GST return and payment today 
  • Provisional tax instalments are due (if applicable)

November 06

A friendly reminder

The EDF in EDF/IR345 doesn’t stand for Earth Defence Force, but rather Employer Deductions Form. That form and payment is due today for deductions made between the 16th and the end of the previous month. This applies to you if you deduct $500,000 or more PAYE or ESCT per year. Your EMS/IR348 for the entire month is also due.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

November 20

Keep up to date

Today in 1985, Microsoft Windows 1.0 was released. You can make sure your business isn’t rendered obsolete by submitting your EDF/IR345 and your EMS/IR348. If you deduct less or more than $500,00 PAYE or ESCT per year, today is the day.

Your EDF/IR345 form and payment is for deductions made between the 1st and 15th of the same month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)
  • Activate PayAgent in Essentials Payroll to automate your wage and PAYE payments, as well as take care of your monthly IRD reporting

November 28

Either way, you're covered

Whether you run your business with MYOB Essentials or MYOB AccountRight, today is taken care of. Both packages make it easy to file your GST return and payment directly to Inland Revenue. Which is what today is all about.

Checklist:

  • Process your GST return and payment today

December 05

Welcome to December!

Submit your EDF/IR345 form and payment for deductions made between the 16th and the end of the previous month. Remember: today only applies if you deduct $500,000 or more PAYE or ESCT per year. Your EMS/IR348 for the entire month is also due.

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)

December 20

Farewell 2018!

MYOB hopes 2018 was a success for you and we wish you a safe and happy new year. Before you open the champagne, please take some time to submit your EDF/IR345 and your EMS/IR348 if you deduct less or more than $500,00 PAYE or ESCT per year.

Your EDF/IR345 form and payment is for deductions made between the 1st and 15th of the same month.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)
  • Activate PayAgent in Essentials Payroll to automate your wage and PAYE payments, as well as take care of your monthly IRD reporting

January 15

The future is now

Happy New Year! Let’s get a head start on 2019 by submitting your EDF/IR345 form and payment for deductions made between the 16th and the end of the previous month - but only if you deduct $500,000 or more PAYE or ESCT per year. Your EMS/IR348 for the entire month is also due.

Also, provisional tax instalments are now due for people and organisations who (1) file GST on a monthly or two-monthly basis, (2) aren’t registered for GST, or (3) use the ratio method. And don’t forget to file your GST return and payment!

Checklist:

  • Employer deductions (EDF/IR345) form and payment (if applicable)
  • Employer Monthly Schedule (EMS/IR348) (if applicable)
  • Provisional tax instalments are due (if applicable)
  • Process your GST return and payment today

January 22

Time for FBT

If you deduct less or more than $500,000 PAYE or ESCT per year, today applies to you. Time for your EDF/IR345 and your EMS/IR348.

Your EDF/IR345 form and payment is due for deductions made between the 1st and 15th of the same month. Also don’t forget: your quarterly Fringe Benefits Tax (FBT) return and payment is due today.

Checklist:

  • Employer deductions (EDF/IR345) form and payment
  • Employer Monthly Schedule (EMS/IR348)
  • Quarterly FBT return and payment

January 29

Nevermore

On this day in 1845, Edgar Allan Poe’s The Raven was first published. Both MYOB Essentials or MYOB AccountRight make it simple to file your GST return and payment directly to Inland Revenue. This way, you’ll have nobody tapping at your chamber door.

Checklist:

  • Process your GST return and payment today

Stay compliant, check your MYOB software for updates

Are you compliant for the new financial year? Check which software update you need by simply selecting your MYOB product below.

To see your AccountRight upgrade options, try the MYOB Upgrade Engine.

Your software is automatically updated via the cloud.

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