SEASONS GREETINGS
We
would like to wish you our valued clients and your families and loved ones a Merry
Christmas and an enjoyable and prosperous 2010.
HOLIDAY OFFICE CLOSEDOWN
Our
office will be closed down from January 1, 2010 and reopen January 11
2010. If required, we will be available during the Christmas- New Year
period.
CHRISTMAS AND NEW YEAR HOLIDAYS LEAVE
This year's Christmas and New Year public holidays are a bit
tricky as they fall partially on the weekend.
The public holidays for Christmas and New Year's Day fall on a
Friday and are observed on the days they fall. That part is easy.
Boxing Day and the Day After New Year's Day fall on a Saturday and special
rules apply to them.
The three examples linked below show the 2009/10 holiday entitlements for
some common working arrangements:
- Example
1 - employee who normally works Monday to Friday
- Example
2 - employee who normally works Monday to Saturday
and is required to work work on Boxing and the Day after New
Year's Day this year
- Example
3 - employees who normally work Tuesday to Friday
An employee is not entitled to more than four public holidays over
the Christmas and New Year period.
You can work out holiday pay and leave with our Holidays
Online Tool, or visit our website for more detailed information
on:
TROUBLE MAKING TAX PAYMENTS ON TIME?
If you may have difficulty paying tax, call IRD on 0800 377
771 to discuss your circumstances.
In the lead-up to Christmas and the holiday season clients may be faced
with more than the usual amount of bills - it's a challenging time managing
costs.
IRD have options if you can't pay the full amount by the due date. Please
call IRD as soon as you can on 0800 377 771.
Look into Payment Options
Paying your tax on time is still the best option. If this can't be done,
IRD will work with you to find the best option for paying the amount due.
IRD take individual circumstances into account when they do this and may
consider options such as paying by instalments, if payment in full would
result in hardship.
By contacting IRD early and entering into an instalment arrangement
before the due date, you can avoid being charged the 4% late payment
penalty. You'll still be required to pay the initial 1% penalty and interest
will still be charged on the tax owing, but no further penalties will be
charged during the term of the arrangement, provided the instalments are
paid on time.
Continue to File your Return on Time
Even if payment can't be made on time, Returns must still be sent in on
time to avoid late filing penalties. The penalties for late filing are
separate to late payment penalties. The late filing penalty is charged at a
flat rate for each Employer Monthly Schedule (IR348), for example,
if you are registered for PAYE..
