Tax Traders approved as Inland Revenue digital services provider

Tax Traders is now fully integrated with Inland Revenue (IR) as an approved digital services provider. 

This milestone reinforces our commitment to innovation, enabling us to connect seamlessly with IR’s gateway services to provide real-time taxpayer data directly through our platform.

It also expands the amount of IR data that we can integrate into the tax workflow tools we provide and will enable even more time savings for you and your team with future product releases. 

At Tax Traders, we’ve always led the way in leveraging technology to make managing your clients tax position simpler and more effective. We believe that the payment flexibility provided by New Zealand’s tax legislation should be available to all taxpayers, and developing tax workflow solutions is a big part of enabling this access. 

In 2020, we became the first tax pooling provider to integrate IR data directly into your tax payments workflow through our partnership with Taxlab. Combined with our suite of smart tools and flexible payment options, this innovation saved accountants time, improved accuracy, and helped deliver better taxpayer outcomes. 

Now, our direct integration with IR allows us to take things even further—not just in the short term, but well into the future. This recent step forward is combined with our ongoing conversations with IR to increase the level of functionality that we will be able to provide through IR’s ongoing development of their integration capabilities. 

What this means for you and your clients 

Becoming an IR-approved digital services provider allows us to streamline and improve your provisional tax workflow, bringing significant benefits when using the Tax Traders portal.  

Here’s how: 

• Faster set-up and integration: Getting connected to IR is quick and easy. The streamlined set-up means you can start benefiting from direct data integration immediately, without unnecessary delays. 

• Simplified processes: Your clients' IR data automatically populates within the Tax Traders portal, eliminating repetitive manual entry. This saves you time and reduces the risk of errors. 

• Real-time data: Gain access to accurate, up-to-date information directly from IR. This ensures you can make informed decisions, delivering the best possible outcomes for your clients when setting up their tax pooling arrangements.  

• End-to-end workflow solutions: From a direct IR data feed to precise residual income tax (RIT) calculations, you have everything you need to optimise tax positions with ease so your clients can reduce their exposure to use-of-money interest and late payment penalties.  

• Enhanced security: Security has always been a top priority at Tax Traders. As New Zealand’s only ISO 27001-certified tax pooling provider, we’ve undergone thorough vetting by both IR and global systems auditor British Standards Institution to ensure your clients’ personal and financial information is safeguarded. 
  

Unlocking the future of tax  

Direct integration with IR is just the beginning. 

This milestone opens the door to new features and capabilities that will revolutionise your tax workflow experience.  

We are working on developing an ongoing range of new products powered by this technology, delivering even greater efficiency, flexibility, and value to accountants and tax professionals.  

By harnessing our direct connection to IR, we’re creating smarter, faster, and more seamless solutions that make tax payment flexibility accessible to more of your clients.  

These smart tools will further solidify Tax Traders’ position as New Zealand’s most preferred tax pooling provider and trusted partner for accountants. This is yet another reason why more accounting firms than ever are upgrading to Tax Traders. 

Get integrated today 

If you’re not already benefiting from integrating your clients’ IR data within your Tax Traders portal, reach out to any of our team to benefit from this significant improvement to your workflow.