Income tax Dates
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FEB 9End-of-year income tax and Working for Families bills are due, unless your tax agent has an extension of time to file your income tax return.
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MAR 2AIM instalments are due if you have a March balance date.
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MAR 2Provisional tax payments are due if you have a March balance date and use the ratio option.
The environmental restoration scheme is used as some business activities cause environmental damage. It allows businesses to set aside money to cover future environmental restoration costs.
The following activities qualify for the scheme if your business is putting aside money to spend on them in future years, and if they are not part of your regular business.
- Testing
- Construction
- Restoration
- Monitoring
- Dredging, if your main reason is to fix or reduce environmental damage from a discharged contaminant.
Activities that are not included
The following activities do not qualify for the scheme.
- Reclaiming land.
- Dredging, unless your main reason is to fix or reduce environmental damage from a discharged contaminant.
- Buying or acquiring land.
Am I eligible for the environmental restoration scheme?
Last updated:
18 Jan 2022