tax pooling

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,…

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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…

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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…

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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…

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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…

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Don’t forget: Doug Maarschalk’s second tax pooling webinar

Don’t forget: Doug Maarschalk’s second tax pooling webinar Lee Stace

Tax Management NZ Business Development Manager Doug Maarschalk. Tax Management NZ Business Development Manager Doug Maarschalk will be conducting his second webinar on tax pooling with CHH Business Fitness NZ on 8 December. He will explain how to use tax pooling products from 10.30am. You can click here to register should you wish to participate. Earlier this…

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Webinar: Managing provisional tax through tax pooling

Webinar: Managing provisional tax through tax pooling Lee Stace

Tax Management NZ Business Development Manager Doug Maarschalk recently conducted a webinar on CCH Business Fitness NZ on managing provisional tax payments through tax pooling. You can view the full webinar below. At 10.30am on 8 December, Doug will conduct another webinar with CCH Business Fitness NZ explaining how to use tax pooling products. You…

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Tax pooling webinars

Tax pooling webinars Lee Stace

Tax Management NZ Business Development Manager Doug Maarschalk will be conducting two webinars on tax pooling next month that you and your firm might find useful. He will give a presentation about managing provisional tax payments through tax pooling on 1 December, starting at 1pm. At 10.30am on 8 December, Doug will explain how to…

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Provide client value with TMNZ via Reckon APS Tax

Provide client value with TMNZ via Reckon APS Tax Lee Stace

HC Partners LP director Craig Copland recommends more accountants purchase tax from Tax Management NZ (TMNZ) via the Reckon APS Tax system, as it enables them to quickly provide additional value to clients and save them money. Buying tax from TMNZ eliminates IRD late payment penalties and reduces interest costs by up to 30 percent…

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Not all clowning around at Reckon conference

Not all clowning around at Reckon conference Lee Stace

Photo: supplied. Tax Management NZ’s Daniel Relf and Doug Maarschalk briefly joined the circus in Australia last week. Well, sort of… The duo were among a number of New Zealand and Australian accountants and bookkeeping professionals at Sydney’s Hilton Hotel who embraced the circus theme during the gala dinner of the 2014 Reckon Group Conference,…

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