Inland Revenue will increase the use of money interest charges on underpaid tax to 9.21 percent, effective 8 May 2015.
Tax Management NZ (TMNZ) is holding its rates for clients that wish to finance their 7 May 2015 provisional tax payment. Our rates start from below six percent.
Financing provisional tax allows clients to defer the payment of that tax to a time that suits them.
TMNZ is able to offer Tax FINANCE between one and 12 months.