Income tax Dates
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JAN 28AIM instalments are due if you file GST monthly and have a March balance date.
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FEB 7End-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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FEB 28Provisional tax payments are due if you have a March balance date and use the ratio option.
The way you get the independent earner tax credit (IETC) depends on your income type.
If your income is not taxed before you get paid
An example is income from self-employment. You claim the IETC at the end of the tax year when you file your individual tax return - IR3.
Tell us on your return the number of months you were eligible for the IETC. For example, if you got Working for Families for 3 months, then you're only eligible for the IETC for the remaining 9 months.
If your income is taxed before you get paid
An example is contract income (schedular payments) or income from investments. At the end of the tax year, we'll send you an income tax assessment that will include the IETC, if you're entitled to it. Depending on how much tax you've already paid, you may get a refund or have tax to pay.
Last updated:
31 Jul 2024