Tax Purchase – meaning and definition
What is Tax Purchase?
If you’re paying IRD interest, you’re paying too much. Tax Purchase lets you reduce this cost by up to 30 percent and eliminate late payment penalties if you have overdue provisional tax or the taxman reassesses you.
Tax Purchase – video guide
Chris Cunniffe, our Chief Executive, explains how Tax Purchase works.
Further Resources for Paying Tax:
- Our Provisional Tax Guide
- Learn more about Flexitax®
- Do tax on your terms
- Become a provisional tax payer