Tax Traders

Lessen the burden of provisional tax with Tax Traders’ tax pooling services. As New Zealand’s fastest-growing IRD-approved tax pooling intermediary, Tax Traders simplifies provisional tax for taxpayers and accountants across the country.

Tax pooling gives taxpayers greater flexibility in how they manage their provisional tax. Unique to the New Zealand tax system, tax pooling helps Kiwis retain cash flow and avoid IRD penalties for late-payments and underpayments.

So, how does it work? Taxpayers pay their provisional tax instalments into a ‘pool’ rather than directly to the IRD, allowing them to delay upcoming payments, create custom payment plans, and pay tax at a time that suits business cash flow. Come tax time, the funds are simply transferred to the IRD to clear tax balances. A taxpayer can sell surplus tax or purchase tax from other members of the pool if they’re facing an underpayment.

With Tax Traders’ easy-to-use digital platform, managing provisional tax is quicker and easier than ever before. Visit the website for more information, or call the friendly team today at 0800 TAX TRADERS.