+64 9 520 9200      enquiries@alliott.co.nz

The Business Advisory Blog

Welcome to our blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Email me when new posts are made to this blog

Changes to Inland Revenue payment services

Written by Alliott NZ on July 17th, 2014.      0 comments

Payment service at Westpac

From 1 October 2014 clients will no longer be able to make cheque payments, drop off returns or forms at any Westpac branch. As clients can now post cheque payments, returns and forms directly to Inland Revenue, they are discontinuing these services at Westpac. However, clients wanting to make cash and eftpos payments at Westpac can continue to do so.

Paying on time

From 1 October 2014, payments posted to Inland Revenue need to be received by Inland Revenue on or before the due date to avoid payment penalties and interest. This means cheque payments can no longer be posted on the due date.

Why are these changes being introduced?
 
  • Over 70% of Inland Revenue payments are currently made online and they want to encourage more customers to pay electronically.
  • Digital payment channels are secure and faster than traditional payment methods, and are available 24 hours, seven days a week.
  • Removing the unintended advantage to customers who post cheque payments on the due date enables the Inland Revenue to treat all customers equally, regardless of their payment method.

To find out more about these changes, please email Greg (greg.m@alliott.co.nz) or Vanessa (Vanessa.w@alliott.co.nz) or phone them on +64 9 520 9200.
 

Comments

We welcome your thoughts and opinions. Please keep it clean and friendly!