We 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 moreFlexitax® gives you the flexibility to chip away at the tax you owe by paying what you want, when you want, with our interest recalculated on the remaining tax owing each month. With Tax Finance, you can lock in a fixed rate because you are arranging to pay the full amount at an agreed upon…
read moreThe date of the notice of reassessment should be found on the notice itself. If you are not sure, get in touch with the IRD who should be able to confirm this for you.
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 moreIf 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…
read moreTax 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.
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.
read moreNo, tax pooling legislation prohibits us from going beyond this deadline.
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