Tax pooling is an IRD-approved service that helps businesses make the right tax payments at the right time. It offers a better way to manage provisional tax, so you can optimise your cashflow and even earn additional revenue, all the while reducing costs and saving time.
Crowe Horwath has an arrangement with Tax Management NZ, which means we have the best interest rates available. Clients can then pay provisional tax when it suits the business’s cashflow, with Crowe Horwath making sure everything is settled on time with the IRD. If you have provisional or terminal tax owing to IRD, you can save up to 30% on interest costs and eliminate late payment penalties altogether.
To avoid late payment penalties and get more flexibility, contact your Crowe Horwath adviser who can talk you through our tax pooling options.