Posts By :

Lloyd Evaroa

When will I receive a receipt of my payment?

When will I receive a receipt of my payment? 150 150 Support

You should receive a receipt within 24 hours of payment. If you haven’t received a receipt, or think you may have paid into the wrong account, please give our Client Services Team a call on 0800 829 888 or email at support@tmnz.co.nz.

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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.

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What criteria must I meet to settle historic income tax or other tax liabilities through TMNZ if I make a voluntary disclosure or am audited by IRD?

What criteria must I meet to settle historic income tax or other tax liabilities through TMNZ if I make a voluntary disclosure or am audited by IRD? 150 150 Support

We can assist with reassessed tax – that is, you must have filed the original return and received a notice of reassessment from IRD. If that is the case, and you are within 60 days of the date the notice of reassessment was issued, you can settle any additional tax payable that arises because of…

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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…

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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.

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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…

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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.

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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…

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How can I get my deposited tax refunded if I need the funds?

How can I get my deposited tax refunded if I need the funds? 150 150 Support

If you need your funds back, TMNZ can refund your deposited tax at IRD rates within three to five working days. Simply get in touch with our Client Services Team on 0800 829 888 or email them at support@tmnz.co.nz. Before refunding tax, always consider your imputation credit (IC) position at year end prior to refund…

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What is Tax Finance?

What is Tax Finance? 150 150 Support

Tax Finance lets you put in place an arrangement to defer an income tax payment to a time in the future that suits you, without having to worry about IRD interest and late payment penalties. It is another way to manage cashflow or a low-cost way to free up working capital.

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