UPDATE: IRD extends tax pooling deadline

Taxpayers now have 365 days after their terminal tax date to settle 2019 income tax obligations with TMNZ if they have been impacted by COVID-19.
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Provisional tax payments that suit your business cashflow

Tax Management NZ (TMNZ) offers a better way to pay your provisional tax, so you can manage your cashflow, save time and reduce expenses. We call it: doing tax on your terms.

Why trust TMNZ

IRD Approved

TMNZ are IRD registered and the industry leaders

Flexible Payment

Pay provisional tax when it suits your business cashflow

Save Cost & Time

Save up to 30% on IRD interest by paying through TMNZ

Trusted Systems

We use the highest security standards so your funds are in safe hands

Expertise & Service

Fast and friendly advice from a dedicated team of experts

Innovative Solutions

Manage your provisional tax payments online

TMNZ services

Pay provisional tax

When it suits your business while reducing interest costs and penalties

Reduce risk on overpaid tax

Reduce tax liability risk and potentially earn more interest.

Reduce tax audit costs

And save up to 30% on IRD interest for reassessed tax

Wednesday, 22 July 2020

2020 TMNZ Roadshow – Data & Insights with TVNZ

12:00 PM to 1:00PM (Online)

We will be hosting virtual events once a month from May to October.
Each month we will focus on a different topic that is sure to provide value in a post-COVID-19 environment whether you are a business owner, tax agent or curious to know what the future will look like.

Do you work for an accounting firm and manage taxpayer clients?

We can help you and your clients do tax on their terms

About TMNZ

As New Zealand’s leading tax pooling provider, no one understands provisional tax better than TMNZ. With the largest and most established tax pool in New Zealand, TMNZ is the industry innovator, providing the best service and best flexibility to our customers.

Our clients include thousands of small- and medium-sized businesses as well as some of New Zealand’s largest banks, state-owned enterprises and well known corporate names.

TMNZ is used by more businesses and accounting firms than any other tax pool

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Taxpayers helped throughout New Zealand

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Million in IRD compliance
costs saved

TMNZ Premium Partner Accounting Firms

TMNZ is trusted by many accounting firms throughout New Zealand and is the first choice for providing tax pooling services.

Testimonials

What customers say about TMNZ

Latest content

GST ratio timeframe extended

GST ratio timeframe extended 1200 630 Lee Stace

IRD has extended the timeframe for taxpayers to elect to use the GST ratio method in the wake of COVID-19. They now have until 19 August 2020 or the day before the start of their 2020-21 income year, depending on which is later, to opt in. Normally someone who is eligible to calculate their provisional…

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Deadline approaching for non-COVID-19 taxpayers

Deadline approaching for non-COVID-19 taxpayers 1200 630 Lee Stace

Options in the marketplace are available to help those NOT affected by COVID-19 pay their TMNZ arrangement for the 2019 tax year within the required legislative timeframe. We are mentioning this as we know there will be taxpayers short on cash right now who unfortunately won’t meet the criteria to receive the deadline extension announced…

COVID-19: IRD extends tax pooling deadline

COVID-19: IRD extends tax pooling deadline 1200 630 Lee Stace

Updated 19 June 2020 Anyone impacted by COVID-19 will have 365 days after their terminal tax date to settle 2019 income tax arrangements with TMNZ, subject to meeting certain criteria. IRD has used its new discretionary powers in s6I Tax Administration Act 1994 to extend the legislative deadline after recognising the cashflow difficulties some taxpayers…

How filing late and losing EOT impacts provisional tax payments

How filing late and losing EOT impacts provisional tax payments 1200 630 Lee Stace

Losing extension of time (EOT) due to filing income tax returns late means someone can only use 105 percent of the previous year’s residual income tax (RIT) when calculating their provisional tax payments. That’s because if a taxpayer fails to provide their returns(s) on time, IRD’s system defaults to using the date by which they…

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