Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Inland Revenue Agrees to Change

13 July 1999

PR68/99

Inland Revenue has agreed to change the time it sends out Employer Monthly Schedules following a request from Federated Farmers.

Following lobbying from Federated Farmers, the Inland Revenue Department has agreed to send out the Employer Schedules during the first week of each month.

When Inland Revenue changed to a new system for collecting PAYE wage deductions in April, the time when they mailed the documentation changed from the end of the month before the payment was due, to the 10th of the month when it was due.

Farmers living in remote areas with infrequent mail delivers were unable to meet the IRD deadline, as this is only ten days before monthly payments are due on the 20th.

Federated Farmers firmly believes that the Inland Revenue Department should not impose penalties on farmer employers who fail to meet the 20th of the month deadline because of the short timeframe involved.

"This arbitrary change by IRD did not allow for rural mail delivery schedules. When approached, IRD said there was no reason the Employer Schedules could not be mailed out a week earlier. It would be grossly unfair if any late payment penalties imposed are left in place," said General Policy Manager Gavin Forrest

Federated Farmers wants to hear from any members who have been charged penalties because of the too-brief time allowed by the IRD and whether the new timeframes are realistic for their individual circumstances.

ENDS




© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Real Estate: Auckland House Price Deflation Accelerates

The decline in Auckland house prices is starting to accelerate as the number of house sales plummet, not just in Auckland but in most parts of the country. More>>

ALSO:

'Wellbeing Budget': Grant Robertson Pre-Budget Speech

There has been a fair amount of attention in the media here and internationally on this year’s budget – our country’s first Wellbeing Budget. Enough for me to be invited to the recent Spring Meetings of the World Bank and International Monetary Fund, to talk about our approach... More>>

ALSO:

New Vodafowners: Vodafone Sale To Infratil Consortium

Vodafone Group Plc has today announced the conditional sale of 100% of Vodafone New Zealand Limited to a consortium of long-term investors, New Zealand-based Infratil, and Canada-based Brookfield Asset Management. More>>

ALSO:

Ice Cream: Global Giant Buys Tip Top From Fonterra

Froneri has today agreed to acquire the iconic New Zealand ice cream business Tip Top from global dairy co-operative Fonterra with completion expected by the end of the month. More>>

ALSO: