PAYE

Unfortunately, PAYE is usually one of the major areas that causes new businesses to fail. Underestimating your PAYE responsibilities can be disastrous, as the IRD gives harsher penalties on late or incorrect PAYE returns than any other tax type. This adds up, and after a few months of missing PAYE returns you can be looking at tens of thousands of dollars in penalties, which are easily avoided. 

At Tax and Trust we can prevent these penalties by filing your PAYE returns correctly and on time. You just drop us off your records to us at the end of the month, and we can calculate and file the correct amounts with the IRD and let you know how much you need to pay on the 20th.

Find out more about your PAYE responsibilities in our Tax Facts here

Contact Sarah to discuss how Tax and Trust can help you with your PAYE responsibilities. 





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