Income tax for trusts and estates

Income tax Dates

FEB 28

AIM instalments are due if you have a March balance date.
FEB 28

Provisional tax payments are due if you have a March balance date and use the ratio option.
MAR 28

AIM instalments are due if you file GST monthly and have a March balance date.

All Income tax dates

Trustees of a trust hold money or property for the benefit of its beneficiaries or for law purposes. Estates are a person’s assets after they have died. Both trusts and estates are taxed on the income they generate.

Trusts and estates

The income tax rules for trusts and estates changed from 1 April 2024.