1 April 2024. 1 April marks the start of the new financial year begins in New Zealand. This is an important date for businesses as it marks the start of a new period of tax obligations and compliance requirements. It's important for businesses to check debtors outstanding and write off overdue debtors, complete a stock take and work-in.. By previous financial year, we mean the FY before the year that's just ended. Eg. the tax return for FY 2021-2022 would be due on the 7th of April 2023. (Why the IRD has decided that the end of one financial year is the perfect time to receive a filing for a different financial year, we have no idea). 1st April: NFY begins
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A fiscal year is a 12-month accounting period that a business uses for financial and tax reporting purposes. A fiscal year is also known as a financial year. A fiscal year can be different to a calendar year - it doesn't need to start on January 1 and end on December 31. The dates of a fiscal year are determined by:. The most recent Year End Financial Statements available on the Treasury website are the Financial Statements of the Government of New Zealand for the Year Ended 30 June 2023 published on 5 October 2023. To purchase a hard copy of either statements, please contact Legislation Direct at [email protected] to place an order.
