E elcato Moderator Messages 4,027 20 Mar 2024 #1 If you have a refund due for a year can you just put zero preliminary for the following year ? Currently I will owe no tax for 2024 but that could change or should I wait till nearer October to file the form ?
If you have a refund due for a year can you just put zero preliminary for the following year ? Currently I will owe no tax for 2024 but that could change or should I wait till nearer October to file the form ?
J jpd Registered User Messages 3,887 20 Mar 2024 #2 You can put zero If it turns out you have to pay preliminary tax, you can revise your Form 11 or indeed just pay the Preliminary Tax in Oct or Nov 2024
You can put zero If it turns out you have to pay preliminary tax, you can revise your Form 11 or indeed just pay the Preliminary Tax in Oct or Nov 2024
T T McGibney Registered User Messages 6,205 20 Mar 2024 #3 jpd said: You can put zero If it turns out you have to pay preliminary tax, you can revise your Form 11 or indeed just pay the Preliminary Tax in Oct or Nov 2024 Click to expand... There is no need to revise a 2023 Form 11 in the event that the OP wishes to pay or topup 2024 Preliminary Tax at any point. In any event, there is actually no space on Form 11 to accommodate that detail.
jpd said: You can put zero If it turns out you have to pay preliminary tax, you can revise your Form 11 or indeed just pay the Preliminary Tax in Oct or Nov 2024 Click to expand... There is no need to revise a 2023 Form 11 in the event that the OP wishes to pay or topup 2024 Preliminary Tax at any point. In any event, there is actually no space on Form 11 to accommodate that detail.