Defer your provisional tax with Tax FINANCE
Tax FINANCE helps your clients with their liquidity allowing them to use their cash flow as they need to.
[How does the Tax FINANCE process work?]
- Obtain an online quote. Specify the amount of tax and the term that finance is required.
- Log in as a member to confirm the quote (accountants and tax agents can register for free).
- Submit and confirm the request.
- You will receive immediate email confirmation of amounts requested along with bank account details for payment of the one-off interest charge
- Forward payment details to your client for payment by the due date.
- Guardian Trust will send confirmation of the tax payment and finance maturity date.
- On maturity of the finance term, your client pays the tax amount to Guardian Trust
- Guardian Trust and Inland Revenue will arrange the transfer of the tax to your client's account within two weeks of this date.
[How it works]
>Calculate FINANCE feesWith Tax FINANCE from TMNZ, your client pays the financing cost now and doesn't have anything further to pay for up to 12 months. Guardian Trust pays the tax due by your client into the Guardian Trust/TMNZ tax pool account.
Guardian Trust takes security over the tax payment itself. This keeps the interest rate low and avoids the need for your client to provide additional security. There are no application fees, no forms and no additional charges. Pre-approval is guaranteed.
[Using Tax FINANCE]
- Lets your clients defer payment of provisional tax for up to 12 months for one easy upfront interest charge
- Frees up cash flow
- Avoids the need for any security or credit checks
Finance is available on request.
Obtain a quote today or contact TMNZ to see how you can benefit.
“Tax Management have given us a very cost effective method of meeting tax obligations while managing cashflow timing differences.”Paul McFadzien, National Mini Storage Ltd