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Why should more of my clients stop paying provisional tax directly to Inland Revenue?
Paying Inland Revenue directly is the least flexible option on the table if your client has the cash and wants to pay their provisional tax on time.
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Don’t take myIR statements at face value
myIR statements don’t always reflect how use‑of‑money interest (UOMI) is charged when tax is underpaid. Here’s when assessment amounts can be misleading.
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Reporting to help you keep tabs on clients’ 2025 tax positions
From the new ‘Attention needed’ tab to our Cut‑off, Combined and Missed Payment reports, we help you ensure no client is left behind as 2025 tax positions are squared up.
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What is the new ‘Attention needed’ tab and how does it help surface underpaid 2025 positions?
The ‘Attention needed’ tab gives accountants clearer visibility of clients with income tax shortfalls for the 2025 tax year.
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IR turns to tax pooling to tackle historic income tax debt
A new debt recovery pilot will allow eligible taxpayers with historic income tax debt for the 2023 and 2024 tax years to use tax pooling at scale.
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Change to how UOMI rates are set
The Government is changing how it adjusts use-of-money interest rates, moving to a determination issued directly by the Commissioner of Inland Revenue.
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Is my client liable to pay provisional tax and use-of-money interest in their first year of business?
It depends on if your client's residual income tax is less than or more than $60,000.
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More than 1,000 taxpayers have underpaid tax for FY25 – would you know if your clients were among them?
Based on 2025 filings to date, Tax Traders' data shows 1,000+ taxpayers are facing interest and penalties on underpaid provisional tax.
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Celebrate the mistakes you didn’t make this busy season
Tax Traders’ tools deliver an end‑to‑end workflow designed to reduce risk, enhance accuracy and simplify complexity.
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Question of the Month: January 2026
No one should be filing a provisional tax estimate. A smarter approach is to have your client pay provisional tax in line with real time business performance and then use the tax pool to address any shortfalls once their position is known.
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Question of the Month: December 2025
Taxi, accessed through Tax Traders, offers a straightforward, Inland Revenue (IR)-approved way for you to help clients bridge cash flow gaps.
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How accountants can help clients beat the January cash flow crunch
Beat the Christmas madness. Now is the time to put payment arrangements in place for your clients’ 15 January provisional tax with Tax Traders.
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