Defer payment of 28 March provisional tax

Defer payment of 28 March provisional tax

Defer payment of 28 March provisional tax Lee Stace

Reasons for Tax FINANCETax Management NZ (TMNZ) has a product that those who might struggle to pay provisional tax due on 28 March might find helpful.

Tax FINANCE allows you to defer this payment to a time that suits you, without having to worry about IRD late payment penalties and interest.

The benefits of Tax FINANCE include:

  • Cheaper than other forms of funding such as an overdraft or unsecured loan.
  • You choose when to repay the principal.
  • Lets you keep money in your business as opposed to tied up at IRD.
  • The finance fee is tax deductible
  • Approval is guaranteed.
  • No security required.

You can find more information about Tax FINANCE here.

Please log into your TMNZ account or phone 0800 829 888 to arrange Tax FINANCE.