Tax Traders was founded on the belief that business can be a force for good, and for the last two years we’ve been working on a new way to expand this impact in Aotearoa New Zealand to further support Kiwi businesses.
Taxi is our new venture giving Kiwi businesses easy access to working capital at about half the rate of a big bank overdraft. Learn more at gotaxi.co.nz.
Our new venture is called Taxi and we wanted you to be the first to know about it. Taxi will give all Kiwi businesses direct access to a new form of funding at about half the cost of traditional bank overdrafts. Taxi will be a gamechanger for small and medium businesses who, on average, experience negative cashflow for four months of the year. In fact, independent modelling by NZIER (out next week) shows that this access to working capital will improve productivity, increase GDP and provide significant savings on financing costs.
As a result of the launch of Taxi and the immense growth at Tax Traders, we are delighted that Becki Butler is joining the senior leadership team of Tax Traders. She joins as co-CEO, a role she has effectively been filling for the last six months. Becki will join Tim, who has been in the role of co-CEO for two years.
Becki and Tim will continue to work with Josh and Nicola, co-founders of both Taxi and Tax Traders, and the leaders of our growing group of tax technology companies.
As we hit this new milestone of launching Taxi, we are especially grateful to those of you who have supported us from the start when Tax Traders was the newest tax-pooling intermediary kid on the block. You are the reason for our relentless innovation and drive for excellence in the service we provide.
We look forward to you seeing Taxi in the coming weeks. We’re immensely proud of what we are building, and continuing our vision of a more productive country where
every New Zealander can flourish and grow.
