Paying with TMNZ

How long does it take for my transferred tax deposits to show up in my IRD account?

How long does it take for my transferred tax deposits to show up in my IRD account? 150 150 Support

Your tax will be sent to IRD within three to five working days of when the transfer was organised. TMNZ will be in touch with you throughout the process. From here, IRD normally takes up to three weeks to process the transfer.

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Can I use tax I have deposited into the pool be used for other tax payments?

Can I use tax I have deposited into the pool be used for other tax payments? 150 150 Support

Yes, if you have deposited funds in our tax pool and need to make a payment to another tax type on or after that tax date, get in touch with us and we will assist in organising the transfer.

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How long do I have to pay my off Flexitax® arrangement?

How long do I have to pay my off Flexitax® arrangement? 150 150 Support

You have until 75 days past your terminal tax date to pay the income tax you owe using Flexitax®.

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What do I do if I accidentally pay IRD directly?

What do I do if I accidentally pay IRD directly? 150 150 Support

If you’ve paid IRD instead of paying us by accident, you can ask IRD to refund the payment back to your bank account so that you may pay for your TMNZ arrangement instead. Simply email IRD directly at TaxPooling@ird.govt.nz and request for the payment to be returned. You will need to provide the below details…

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Can I make a lump sum payment for several different arrangements or taxpayers?

Can I make a lump sum payment for several different arrangements or taxpayers? 150 150 Support

Yes, simply contact our Client Services Team on 0800 829 888 or email support@tmnz.co.nz and let them know where the payments need to be allocated to. We will do the rest for you.

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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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