TMNZ News

Meet Mara Fisher

Meet Mara Fisher 1344 753 Lloyd Evaroa

Mara Fisher, Head Of Partnerships at TMNZ Mara Fisher is our Head of Partnerships at TMNZ. Formerly the Chief Operating Officer at TMNZ, her new position reflects the new structure at TMNZ, where the former client relations, client experience, and technology teams are now under one banner. The goal for Mara and her team is…

read more
Image: Taxation (Kiwsaver, Student Loans, and Remedial Matters) Bill

TMNZ’s submission on Taxation (Kiwisaver, Student Loans, and Remedial Matters) Bill

TMNZ’s submission on Taxation (Kiwisaver, Student Loans, and Remedial Matters) Bill 1344 706 Lee Stace

TMNZ supports all but one of the proposed provisional tax amendments in the Taxation (Kiwisaver, Student Loans, and Remedial Matters) Bill. We made a submission on the Bill last week after receiving feedback from clients. In it, we share our thoughts on the following proposed amendments to provisional tax: Eliminating the requirement to estimate at…

read more
Image: Auckland Sky Tower

TMNZ stepping up for Leukaemia & Blood Cancer New Zealand

TMNZ stepping up for Leukaemia & Blood Cancer New Zealand 1200 630 Denise Pimentel

TMNZ staff are raising money for Leukaemia & Blood Cancer New Zealand by racing up the tallest building in the Southern Hemisphere next month. Grace Evetts, Mara Fisher, Neil Bhattacharya, Jatin Sharma and Lee Stace – collectively known as the ‘TMNZ Fast Five’ – are participating in this year’s Step Up Sky Tower Stair Challenge…

read more
Image: IRD interest

IRD interest changes

IRD interest changes 1200 630 Lee Stace

The cost of getting provisional tax payments wrong is about to increase – but not with TMNZ. IRD interest rates are going to change and the news is not good for taxpayers. IRD is increasing the interest it charges taxpayers if they underpay or fail to pay their provisional tax on time from 8.22 percent…

read more
Image: Tax Policy Scholarship Competition

Tax Policy Scholarship Competition finalists

Tax Policy Scholarship Competition finalists 1200 801 Lee Stace

A negative income tax coupled with a flat tax rate for individuals and the creation of a trusted taxpayer regime. These are among the ideas judges will hear as part of the Tax Policy Scholarship Competition. A tax on biogenic methane emissions and freshwater as well as reforming the R&D tax credit regime are the…

read more

Provisional tax calculator walkthrough

Provisional tax calculator walkthrough 957 538 Lloyd Evaroa

 The goal of our provisional tax calculator is to make working out taxpayer liabilities more efficient. Here is what we cover below and how you can skip forward for future reference. Why did make the calculator? 3:24 Working out liability 5:13 Working out the best time to file 11:10 First year trading example 13:04…

read more
Image: Tax pooling transfers delay

Long delays expected for tax pooling transfers

Long delays expected for tax pooling transfers 1200 630 Lee Stace

IRD is taking longer to process tax pooling transfers for the 2018 tax year. They advise they are not processing these automatically as their system is not remitting interest and late payment penalties for taxpayers using tax pooling. As such, they are flagging these accounts so their tax pooling team can edit them manually. IRD…

read more

TMNZ and Xero team up to educate clients

TMNZ and Xero team up to educate clients 600 338 Denise Pimentel

 Xero and TMNZ partnered up earlier this month for Xero’s Education month. Kathleen Payne, TMNZ’s Strategic Partnerships Manager, ran the  webinar educating people on the benefits of tax pooling as well as a practical demonstration of applying TMNZ provisional tax arrangements within the Xero platform.

read more

TMNZ Taxlab integration is live

TMNZ Taxlab integration is live 750 421 Lloyd Evaroa

 We are happy to announce our integration with Taxlab is live. Taxlab is a cloud based tax software system designed specifically for New Zealand accountants, by New Zealand accountants. Used by NZX listed companies, big four and local accountants – Taxlab handles your return filing, provisional tax management, tax provision accounting and FBT compliance.…

read more

New provisional tax calculator

New provisional tax calculator 957 538 Lloyd Evaroa

  tmnz tax calculator introduction from Tax Management NZ on Vimeo. Simplifying provisional tax is something we are always working on. Our new provisional tax calculator helps you by removing the time and strain of calculating your payments. Update: See below our live calculator walkthrough Key developments This is a new tool to calculate provisional…

read more
X