Posts By :

Lloyd Evaroa

I don’t need the full Tax Finance amount that I set up. Do I need to pay all the tax to TMNZ?

I don’t need the full Tax Finance amount that I set up. Do I need to pay all the tax to TMNZ? 150 150 Support

No, with Tax Finance you only pay for the tax you end up needing. Simply email our Client Services Team at support@tmnz.co.nz or phone 0800 829 888, notifying them of the amount you need and which arrangement this relates to. They will sort this out for you.

read more

Am I able to extend the length of my Tax Finance arrangement?

Am I able to extend the length of my Tax Finance arrangement? 150 150 Support

Yes, you can. You can extend the maturity date up to 75 days past your terminal tax date by paying us an additional interest component, which is based on the new date you wish to pay. To extend your Tax Finance arrangement, email our Client Services Team at support@tmnz.co.nz or phone 0800 829 888.

read more

What happens if I don’t pay the Tax Finance fee by the due date?

What happens if I don’t pay the Tax Finance fee by the due date? 150 150 Support

If you can’t pay your finance fee by the due date, your Tax Finance arrangement will be cancelled (lapsed). If you still need tax, you can pay for it through Flexitax®.

read more

I want to make a voluntary disclosure for unreported tax. I have not filed a tax return for this tax type. Can I use pooling?

I want to make a voluntary disclosure for unreported tax. I have not filed a tax return for this tax type. Can I use pooling? 150 150 Support

In cases where a taxpayer was unaware that they had a tax liability, and later wants to make a voluntary disclosure to report the liability, tax pooling can be used subject to the conditions set out in sections RP 17B (12) to (14) of the Income Tax Act 2007. Inland Revenue will exercise their discretion…

read more

When will my Flexitax® payment(s) show up in my IRD account?

When will my Flexitax® payment(s) show up in my IRD account? 150 150 Support

Once we transfer your tax to IRD, it normally takes them three weeks from the date of transfer to process this payment. Please note that it might take a bit longer (up to six weeks) for payments made between March and June to be processed due to the high volume of transactions during this period.

read more

Can I make changes to my Flexitax® arrangement if I made an error?

Can I make changes to my Flexitax® arrangement if I made an error? 150 150 Support

Yes, just click edit on your arrangement to make changes to any of the details. You can even change the amount of tax you need and the tax dates you need tax at. Please note this will not change tax that has already been paid or sent to IRD. If you need to amend tax…

read more

If I pay my Flexitax® arrangement via instalments, how often does tax get transferred to my IRD account?

If I pay my Flexitax® arrangement via instalments, how often does tax get transferred to my IRD account? 150 150 Support

We transfer tax to IRD monthly, usually around the end of the month.

read more

After making my initial payment, are there any set amounts I need to pay if I opt to pay my Flexitax® arrangement in instalments?

After making my initial payment, are there any set amounts I need to pay if I opt to pay my Flexitax® arrangement in instalments? 150 150 Support

No, with Flexitax® you can pay what you want, when you want, provided you pay off the remaining balance no later than 75 days past your terminal tax date.

read more

How do I know what balance is left on my Flexitax® arrangement if paying via instalments? Do you send me updates?

How do I know what balance is left on my Flexitax® arrangement if paying via instalments? Do you send me updates? 150 150 Support

You can see the amount you have left to pay on your Flexitax® arrangement through your dashboard. We also send monthly statements notifying you of the remaining balance.

read more

I’m a lead agent/administrator of a firm. How do I add users under my firm?

I’m a lead agent/administrator of a firm. How do I add users under my firm? 150 150 Support

Open the navigation tool (located at the top of your screen) and double click your firm. This will update your viewing to be the firm you selected. ‘Firm details’ should now be located as a left-hand menu item. Selecting this menu item will navigate you to a new page. On this page is a tab…

read more