EY Entrepreneurs of the Year

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Kuperus: The importance of entrepreneurship for New Zealand
Kuperus: The importance of entrepreneurship for New Zealand Lee Stace

In the first article in this series, I shared some insights from my journey in starting Tax Management NZ. Now I’ll make some observations on how some of New Zealanders’ shared values create a great environment for entrepreneurs and why that is important. Entrepreneurs create businesses that provide jobs and the tax revenue which sustains…

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Managing provisional tax payments to get a competitive advantage
Managing provisional tax payments to get a competitive advantage Lee Stace

Businesses do not have to pay provisional tax when Inland Revenue says they do. There’s a way for them to defer provisional tax payments to a more convenient time without incurring late payment penalties and use of money interest. Picture this: two rival car grooming businesses based in the Auckland suburb of Penrose. Let’s say…

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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…

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