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RA 12: Adjustment to correct errors: certain excess amounts
or “How to fix mistakes when too much tax is taken from your payment”
You could also call this:

“When you need to pay your final tax bill for the year”

You need to pay your terminal tax for a tax year by a specific date. This date depends on your situation.

If you use a tax agent, you pay on the 7th day of the month shown in column H of schedule 3, part A. If you don’t use a tax agent, you pay on the 7th day of the month shown in column G. But if the month shown is January, you pay on the 15th of January instead.

The month in column G is the first time that month appears after your balance date. The month in column H is the first time that month appears after the month in column G.

For your return to be linked to a tax agent, the Commissioner must know that your tax agent will file it. Your tax agent also needs to have extra time allowed under section 37(4) of the Tax Administration Act 1994.

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Next up: RA 14: Payment dates for provisional tax

or “When and how to pay your provisional tax instalments”
Next

Part R General collection rules
General withholding and payment obligations

RA 13Payment dates for terminal tax

  1. A person must pay their terminal tax for a tax year by—

  2. the 7th day of the month in schedule 3, part A, column G or H (Payment of provisional tax and terminal tax) for the person’s corresponding income year, unless paragraph (b) applies; and
    1. the 15th day of January, if January is the month in schedule 3, part A, column G or H, for the person’s corresponding income year.

      1. For the purposes of subsection (1), the month in schedule 3, part A, column G or H, for the person’s corresponding income year is—

      2. the month in column H, if—
        1. the person’s return of income for the income year was linked to a tax agent as described in subsection (4); or
          2. the month in column G in any other case.

            1. For the purposes of subsection (1),—

            2. the month in column G is the first occurrence of that month after the balance date:
              1. the month in column H is the first occurrence of that month after the month in column G.

                1. For the purposes of subsection (2)(a)(i), a return of income is linked to a tax agent if the Commissioner has been notified that the return is to be filed by the tax agent who has an extension of time under section 37(4) of the Tax Administration Act 1994.

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                Notes
                • Section RA 13(1)(b): amended (with effect from 1 April 2008), on , by section 38(1) of the Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008 (2008 No 36).
                • Section RA 13(2)(a)(i): amended (with effect on 1 April 2008), on (applying for the 2008–09 and later income years), by section 112(1) of the Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010 (2010 No 109).
                • Section RA 13(2)(a)(ii): repealed, on , by section 245(1) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
                • Section RA 13 list of defined terms ask: inserted, on , by section 74 of the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016 (2016 No 27).
                • Section RA 13 list of defined terms income statement: repealed, on , by section 245(2) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).