Enable clients to turn paid tax into a source of funding

Once provisional tax is paid to IRD on its due date, it usually sits there until a tax return is filed for the year. That means money your clients could otherwise use in their business is effectively locked away.

Paying provisional tax through Tax Traders lets your clients meet their tax obligations on time, while keeping the option to unlock a source of funding using that tax as security later if their cash flow tightens.

Funding is optional, capped and only used if your clients choose to access it.

Paying provisional tax into Tax Traders IRD account will suit clients who:

Have cash available to pay provisional tax on its due date.
Want to avoid locking cash away at IRD if circumstances change later in the year.
Would otherwise rely on, or increase, a bank overdraft.
Want a lower‑cost fallback option if short‑term funding is needed.
Prefer to have cash flow flexibility after paying their tax.

If your clients want to use tax you’ve already paid to support their cash flow, there are two options available

Standard plan

Interest rate of 5.40% p.a., plus a 0.15% monthly fee charged on the amount of funding they have available to them.

Best suited if your clients expect to access funds straight away or in the near future. This option offers a lower‑cost arrangement, with funds released the next working day once requested.

Standby plan

Interest rate of 5.40% p.a., plus 0.20% monthly fee charged on the amount of funding they have available to them. For Standby users, the monthly fee is only charged after they access funds for the first time.

Designed as a safety blanket for a rainy day. Your clients don’t pay anything unless they actually access funds, which are released the next working day. Provides peace of mind without your clients committing upfront.

Paying provisional tax into Tax Traders IRD account is fast and easy

Step one: Pay provisional tax through Tax Traders

Your client's payment is set aside securely on their behalf for their obligation with IRD.

Step two: Access up to 90% of funds

If cash flow becomes tight, your client can use tax they’ve already paid as security to access affordable business funding via our sibling company Taxi.

Step three: Your client's tax is paid to IRD

Once your client's arrangement is complete, their tax is transferred to IRD at the correct time and is treated as if it was paid on the original due date.

Accounting firms work with Tax Traders because we provide:

Guaranteed acceptance for clients – no IRD approval process, no negotiation, and no uncertainty about whether an arrangement will be accepted.
Confidence that your clients are treated as having paid on time – no reliance on IRD payment plans and no exposure to late payment penalties.
Lower‑cost outcomes for clients – replace IRD interest and late payment penalties with a cheaper, predictable cost structure.
Less time spent dealing with IRD – reduce the administrative burden of setting up, monitoring and renegotiating IRD payment arrangements.
Trusted expertise and responsive service – work directly with Chartered Accountants and tax pooling specialists who understand practice realities. No call centres, no queues, just clear answers when you or your clients need them.

About Tax Traders

Tax Traders is New Zealand’s leading tax pooling provider.

We provide a better way for your clients to pay provisional tax using an IRD‑approved legislative framework that has been in place for more than two decades. This framework enables Kiwi businesses to access flexibility and benefits that aren’t available when paying IRD directly.

Since 2012, we've worked with hundreds of accounting firms – from sole practitioners to large national networks – to deliver better provisional and terminal tax outcomes for their clients.