Reminders

TMNZ system upgrade

TMNZ system upgrade Lee Stace

Tax Management NZ (TMNZ) will be upgrading its systems, meaning you will be unable to log into your account to put through transactions from 7pm on Friday 16 October until 8am on Monday 19 October. You will, however, still be able to view our website. We apologise for any inconvenience this may cause. Please contact…

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Reminder: Economic, IRD Compliance Focus and Business Transformation Update –  Wellington 2015

Reminder: Economic, IRD Compliance Focus and Business Transformation Update –  Wellington 2015 Lee Stace

Tax Management NZ (TMNZ) would like to remind you that on 16 September we will be hosting an informative update on the economy and Inland Revenue’s compliance focus and business transformation in Wellington. We have brought together presenters from BNZ and Inland Revenue to share their insights on these topics. TMNZ will also provide a…

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Provisional tax reminder letters

Provisional tax reminder letters Lee Stace

We have a provisional tax reminder template which you may find useful, as it references the ability for your clients to use tax pooling to defer upcoming provisional tax payments to a time which suits them. This might be of interest to those clients who are experiencing cashflow constraints ahead of their first instalment of…

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Window to buy 2014 tax now closed

Window to buy 2014 tax now closed Lee Stace

You can no longer purchase tax from Tax Management NZ (TMNZ) to settle 2014 income tax liabilities, unless you have received a reassessment notice from Inland Revenue (IRD). IRD will otherwise not accept the use of purchased tax pool funds to settle provisional and terminal tax liabilities as we are now more than 75 days…

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Time running out to buy 2014 tax

Time running out to buy 2014 tax Lee Stace

A reminder that clients with a 7 April terminal tax date who have not settled their 2014 tax position have until 15 June to purchase tax from Tax Management NZ (TMNZ). Inland Revenue will not accept the use of purchased tax pool funds to settle 2014 income tax liabilities if they are more than 75 days…

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Not too late to buy 2014 tax

Not too late to buy 2014 tax Lee Stace

Please be aware that March-September balance date clients with an extension of time who have yet to settle their 2014 income tax liabilities have until 15 June to buy tax from Tax Management NZ (TMNZ). If any of your clients have a 7 April terminal tax date and need to buy tax, log in to…

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Beat the IRD interest rate rise

Beat the IRD interest rate rise Lee Stace

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…

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Final chances to purchase 2014 tax

Final chances to purchase 2014 tax Lee Stace

Below is a table that highlights some key dates of which you need to be aware if your February-September balance date clients with an extension of time (EOT) need to purchase tax from Tax Management NZ to settle 2014 income tax liabilities. Balance date Last date to purchase (without EOT) Last date to purchase (with…

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Last chance for March balance date clients without EOT to buy 2014 income tax

Last chance for March balance date clients without EOT to buy 2014 income tax Lee Stace

March balance date clients without extension of time (EOT) who have not settled their 2014 income tax liabilities must pay for tax purchases by 21 April. There is no discretion for late purchases to be transferred to Inland Revenue (IRD). If any of your clients have a 7 February* terminal tax date and still have tax to…

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TMNZ phone system now working

TMNZ phone system now working Lee Stace

Power has been restored to the Tax Management NZ office and the phone system is now operational. We appreciate your patience during today’s power outage and apologise for any inconvenience this may have caused you.

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