Flexitax® gives you greater flexibility over how you pay your provisional or terminal tax, while eliminating late payment penalties and reducing IRD interest costs by up to 30 percent. You can pay what you owe in one lump sum, at a date of your choice, or spread out payments via instalments.
read moreFlexitax® can be used to pay missed, underpaid or upcoming income tax payments for the current tax year or one just completed.
read moreYou have until 75 days past your terminal tax date to pay the income tax you owe using Flexitax®.
read moreOnce 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 moreYes, 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 moreWe transfer tax to IRD monthly, usually around the end of the month.
read moreNo, 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 moreYou 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 moreYou make your payment to us and we arrange for the tax you require to be transferred to your IRD account. IRD will treat your payment as if it was paid on the date it was originally due once it processes this transfer, eliminating any interest and late payment penalties incurred. This transfer will appear…
read moreIt’s easy. All you need to do is pay part of the tax amount due (we recommend an initial payment of $200 as a guideline). Our system will note that you are paying your Flexitax® arrangement in instalments.
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