Is provisional tax taking up too much of your time? As New Zealand’s leading IRD approved tax pooling intermediary, Tax Traders can simplify your provisional tax so you have more time to focus on your business.
So, what is tax pooling? Tax pooling is a progressive approach to provisional tax. Taxpayers pay their provisional tax into a ‘pool’ rather than directly to Inland Revenue. Come tax time, taxpayers transfer funds out of the tax pool and sell any surplus to other members of the pool. If a taxpayer falls short, they can purchase surplus tax from another member for a fee less than the IRD debit interest rate.
Gain maximum flexibility over your tax payments. Tax pooling improves cash flow by giving you the freedom to delay upcoming payments, smooth tax over equal payments, and reduce IRD interest.
Team up with Tax Traders. Call 0800 TAX TRADERS or visit the website for more information.