fbpx

#cashflow

  • Lee Stace
  • No Comments

A smarter way to manage cashflow
A smarter way to manage cashflow Lee Stace

A number of you will pay your first instalment of provisional tax for the 2015 income year on 28 August. However, there may be myriad reasons why it may not suit them to make this payment: • You are still getting their 2014 accounts in order. • You might want to take advantage of the…

read more
  • Lee Stace
  • No Comments

Provisional tax doesn’t have to cause cashflow problems
Provisional tax doesn’t have to cause cashflow problems Lee Stace

Small and medium-sized businesses acknowledge there are times of the year when it is difficult for them to make provisional tax payments due to cashflow issues. Tax pooling can help them manage their provisional tax liabilities without breaking the bank. A recent poll on tax payment practices and tax pooling, conducted by the Employers and…

read more
  • superadmin
  • No Comments

Why tax pooling was implemented
Why tax pooling was implemented superadmin

When you consider the fees the IRD loses out on by allowing tax pooling, it’s hard to comprehend why it exists. What’s in it for them? There are several reasons why tax pooling is advantageous to IRD. To understand them you need to look back to when the use of money interest regime was introduced…

read more
  • superadmin
  • No Comments

Creative tax solution to fast growth
Creative tax solution to fast growth superadmin

Fast growth can impose hefty pressure on a business’s financial situation, especially at tax time. If a company has trouble finding the cash to pay and they’re late, the IRD hits them with high use of money interest on their tax bill at 8.4% plus there are late penalties as well. Smart companies plan ahead…

read more
  • superadmin
  • No Comments

The growing prevalence of tax pooling
The growing prevalence of tax pooling superadmin

Just as Xero changed the way most businesses approach their accounting, Tax Management NZ (TMNZ) is transforming New Zealand’s tax landscape with tax pooling. More and more companies are taking ownership of their tax through this innovative service. Most of New Zealand’s top 200 companies use tax pooling and in the past 10 years, TMNZ…

read more
  • superadmin
  • No Comments

Top five tips for surviving a tax audit
Top five tips for surviving a tax audit superadmin

The Government recently pledged more money to allow the IRD to increase its audit activity, so your chances of being audited have increased. The following tips are sure to be useful if you have an IRD tax audit on the horizon: 1. Know your rights and don’t panic! Seek professional assistance. Preparation is the key.…

read more
  • superadmin
  • No Comments

Big cashflow relief for successful seasonal business
Big cashflow relief for successful seasonal business superadmin

Mark and Leonie Ridling have already recommended Tax FINANCE to other companies. When Mark Ridling of The Housewash Company learned there was a way to delay his provisional tax payment due date for several months to relieve his cashflow, he was initially sceptical. He hesitated to pay his tax through somebody other than IRD. But…

read more
  • 1
  • 2
Enter your
text here
X