Ahead of your provisional tax date, you pay us an upfront finance fee and we make a date-stamped tax deposit on your behalf into our tax pool account at IRD. The finance fee you pay is based on the amount of tax financed and the date in the future you wish to pay. At the…read more
Phone our Client Services Team on 0800 829 888 or email email@example.com and we will find the best option for you.read more
I don’t need the full Tax Finance amount that I set up. Do I need to pay all the tax to TMNZ?
No, with Tax Finance you only pay for the tax you end up needing. Simply email our Client Services Team at firstname.lastname@example.org 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
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 email@example.com or phone 0800 829 888.read more
Your Tax Finance arrangement lapsed for a couple of reasons: The Tax Finance fee was not paid by the due date. The tax amount was not paid by the maturity date. The Tax Finance arrangement was requested to be lapsed. If you feel your Tax Finance arrangement was incorrectly lapsed, please let contact our Client…read more
Simply email our Client Services Team at firstname.lastname@example.org or phone 0800 828 888 and we will lapse it for you.read more
No, Tax Finance can only be used to defer income tax payments.read more
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
Flexitax® 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 more
Can I use Tax Finance to defer my income tax payment for more than 75 days past my terminal tax date?
No, tax pooling legislation prohibits us from going beyond this deadline.read more