tax pooling

Wellington, Hamilton next stops on TMNZ’s road-trip

Wellington, Hamilton next stops on TMNZ’s road-trip Lee Stace

TMNZ is gearing up for roadshows in Wellington and Hamilton later this month following successful events in Auckland and Christchurch this week. St James Theatre and FMG Stadium Waikato will play host to speakers from TMNZ and IRD on October 17 and October 19, and attendees will receive two CPD hours. The theme of these…

read more

TMNZ roadshows proving popular

TMNZ roadshows proving popular Lee Stace

There has been interest aplenty in TMNZ’s two Auckland roadshows, with more than 300 people down to attend. The two events are slated for 29 July at the Stamford Hotel and 1 August at the Ellerslie Event Centre. As well as getting two CPD hours, attendees will hear from speakers from Inland Revenue (IRD), an…

read more

TMNZ happy with government’s revamp of business tax

TMNZ happy with government’s revamp of business tax Lee Stace

The chief executive of New Zealand’s largest tax pooling intermediary, Tax Management NZ (TMNZ), has applauded the New Zealand Government for its decision to be more lenient on how it will apply interest on provisional tax in the future. Prime Minister John Key announced today that Inland Revenue (IRD) will no longer subject businesses using…

read more

TMNZ Christchurch roadshow

TMNZ Christchurch roadshow Lee Stace

Tax Management NZ (TMNZ) is inviting clients in Christchurch to attend on 17 November an informative update on the economy as well as Inland Revenue’s compliance focus and business transformation. Westpac Senior Economist Michael Gordon and Inland Revenue Investigations Manager Gary Welsh will share their insights on these respective topics. TMNZ Chief Executive Chris Cunniffe…

read more

Minister of Commerce and Consumer Affairs visits TMNZ

Minister of Commerce and Consumer Affairs visits TMNZ Lee Stace

Minister of Commerce and Consumer Affairs Paul Goldsmith visited Tax Management NZ (TMNZ) this morning. He came to our office to find out more about our business, and discuss issues facing New Zealand businesses. Here he is pictured with (from left) TMNZ chief executive Chris Cunniffe, board member Victoria Carter and founder director Ian Kuperus.…

read more

Important information for clients with 7 February terminal tax

Important information for clients with 7 February terminal tax Lee Stace

Please be aware that clients with a 7 February* terminal tax date who have not settled their 2014 income tax liabilities must pay for tax purchases before 15 April. There is no discretion for late tax purchases to be transferred to Inland Revenue (IRD). If your clients need to buy 2014 provisional or terminal tax,…

read more

Overdue terminal tax does not have to be terminal

Overdue terminal tax does not have to be terminal Lee Stace

Terminal tax – what is it? You may have heard your accountant or bookkeeper mention ‘terminal tax’ before, but what does it actually mean and why is it important to be aware of it? Terminal tax is the difference between what you have paid to Inland Revenue (IRD) in provisional tax over the previous income…

read more

How to use provisional tax to grow business

How to use provisional tax to grow business Lee Stace

Tax pooling frees up the cashflow businesses need to take advantage of favourable economic conditions. The business outlook for the coming year is positive, with reports indicating that 2015 will be another strong one for the New Zealand economy. According to a survey conducted by the Employers and Manufacturers Association at the end of last…

read more

IRD releases independent tax pooling report

IRD releases independent tax pooling report Lee Stace

Chris Cunniffe. Last year Inland Revenue (IRD) commissioned an independent report from PwC on the tax pooling industry. In the 12 years that tax pooling has been operating it has become a very significant part of the tax system, so IRD senior management asked for the report to understand any risks in respect of the…

read more

Webinar: A practical guide to using tax pooling products

Webinar: A practical guide to using tax pooling products Lee Stace

Tax Management NZ Business Development Manager Doug Maarschalk earlier this week conducted his second tax pooling webinar with CCH Business Fitness NZ. The full webinar – titled ‘A Practical Guide to Using Tax Pooling Products’ – can be viewed below. Last week, Doug conducted a webinar on managing provisional tax payments through tax pooling. You…

read more
X