Payment dates for provisional tax and terminal tax
Provisional tax helps you manage your income tax by allowing you to pay in instalments during the year instead of a lump sum at the end of the year. Typically, the majority of provisional taxpayers in New Zealand pay their income tax in three instalments (Standard or Estimation option) or six instalments (Ratio option) during any given tax year. Use the widgets below to see the associated provisional tax payment dates (including terminal tax dates) based on balance date.
Calculate based on paying provisional tax in THREE instalments
In New Zealand, most provisional taxpayers have a balance date of 31 March and pay provisional tax in three instalments via the Standard method or Estimation option. Use the widget below to see provisional tax instalment due dates, as well as the terminal tax payment dates, organised by balance date (note that the dates shown below are for two monthly GST filers).
Calculate based on paying provisional tax in TWO instalments
For provisional taxpayers that file six-monthly GST returns, they are required to make two provisional tax payments using the Standard method or Estimation option. Use the widget below by first selecting the balance date using the dropdown and then click "Calculate" to see the associated provisional tax and terminal tax payment dates.
Calculate based on paying provisional tax in SIX instalments
If provisional tax is paid in six instalments during the year this follows the Ratio method (also known as the GST Ratio Method). Select the balance date using the dropdown and then click "Calculate" to see the associated provisional tax and terminal tax payment dates.
Learn about how tax pooling can help with provisional tax
If you have any questions, reach out to us on team@taxtraders.co.nz or 0800 TAX TRADERS (829 872) and we’ll be happy to talk about whether tax pooling is right for you.