Manage Provisional Tax with More Flexibility – Ask Us About Tax Traders

Paying provisional tax doesn’t have to be stressful or rigid. With Tax Traders, you get greater control, flexibility, and cost savings—all while staying fully compliant with Inland Revenue (IR).

Using tax pooling, Tax Traders gives you options that aren’t available when paying IR directly. As your accountant, we can help you take advantage of this smart approach.

Key Benefits:

• Choose when and how you pay provisional tax

• Avoid IR’s interest and late payment penalties

• Access business funding at competitive rates

• Earn interest on overpaid tax

• Receive faster refunds

• Get up to 22 months to pay

  
  

Flexible Payment Options:

1. Pay on Time

Make tax deposits into Tax Traders’ account with IR and:

• Earn interest on overpayments

• Access faster refunds

• Move payments between dates

• Use deposits as security for business funding

  
  

2. Pay Later

Delay your tax payment without penalty.

• Two options: interest upfront or all-in-one payment

• No IR penalties

• Cheaper than IR’s interest rate

• Up to 22 months to pay

  
  

3. Pay in Instalments

Spread payments over time to suit your cash flow.

• Weekly, fortnightly, monthly—your choice

• Avoid penalties and reduce interest costs

  
  

4. Top Up Later

Catch up on missed or underpaid tax.

• Eliminate penalties

• Cheaper than IR interest

• Pay in full or in instalments

  
  

How It Works:

1. Talk to Nairn Fisher about your tax position and needs

2. Choose a payment option that suits your situation

3. Make your payment to Tax Traders

4. Tax Traders transfers it to IR, and IRD treats it as if paid on time

   
   

Tax Traders is IR-approved and has been operating under New Zealand’s tax pooling framework for over 13 years.

Want to learn more?

Chat to your Nairn Fisher client manager to see if Tax Traders is right for your business.