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.