Tax Remittance for 16th to 29th February 2008

Clients are receiving a letter from the Inland Revenue Department notifying them that the employer deduction form for the period end 29th February 2008 hasn't been received.

This process was filed by iPayroll Ltd through the IRD web-site using an electronic version of the IR 345/346. Please note that the file for your organisation was submitted and receipted on the 4th March 2008 at 11.37 a.m.

The IRD have acknowledged that the file was received and passed on to the main tax system for processing the various tax accounts. This last step appears to have failed within IRD and we are awaiting a response from their technical people as to the cause and what happens next.

The purpose of the electronic form (EDF) is to allocate the direct credit payment to the various tax accounts. The individual statements for PAYE accounts for period end 29 Feb 2008 are showing a status of "Period Not yet finalised".

iPayroll has expressed concern to the IRD about the time it has taken to resolve this issue and the possible impact on any client refund requests in the system. We suggest that if your organisation has submitted a GST refund return that you notify the Inland Revenue immediately and instruct them to prevent any deductions from that refund.