
Optimise cash flow in uncertain times
With ongoing economic pressures affecting New Zealand businesses, managing cash flow has never been more challenging.
Tax Traders offers flexible solutions designed to help your clients stay in control and plan with confidence – no matter the climate.
Smart ways to ease cash flow pressure
Provisional tax doesn’t need to be a pain point. Tax Traders gives your clients the flexibility to align tax payments with their unique cash flow needs. Find out more about the ways we can help.
Option one: Defer payments and preserve working capital
Allow clients to defer their 28 August provisional tax payment for up to 22 months – without facing IR interest and penalties. It’s a cost-effective way to keep cash in their business when it’s needed most.
Option two: Access funding without the usual hassle, through our sibling company, Taxi
By depositing their 28 August provisional tax payment through Taxi, clients unlock the option to use that tax as security to access affordable working capital if cash flow gets tight. This can save your clients more money because they only borrow if and when they need it.
Ready to help your clients take control of their cash flow?
See how your clients can turn provisional tax into a source of smart, flexible funding.
Feel free to get in touch. Our team of experts is here to help.
See how businesses are using Tax Traders' solutions to navigate uncertainty with confidence and flexibility.
Keeping the doors open in a volatile season
A boutique hotel in Nelson was feeling the squeeze. Winter bookings had dipped following unpredictable travel patterns and last-minute cancellations, while staffing costs surged amid industry-wide competition. Maintenance bills stacked up after a series of power outages, and interest rates remained stubbornly high.
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Construction firm manages cash flow with Taxi
A mid-sized construction company operating in Christchurch specialises in multi-unit developments and seismic strengthening projects. Heading into the August provisional tax period, the business was navigating challenges typical of the current economic climate: project delays due to council sign-offs, rising material costs and subdued demand across the sector.
Read more
The smarter choice
Compared to paying Inland Revenue directly or relying on a business overdraft, we offer a more cost-effective and flexible way to manage provisional tax, while keeping your clients’ cash flow in check.
Here’s how our options stack up and make financial sense for your clients.
Tax Traders and Taxi | IR direct payment | Bank overdraft | |
IR compliant | Yes | Yes | Not designed for tax |
Cash flow flexibility | Yes | No | No |
Approval process | None | N/A | Yes – lengthy and slow |
Security needed | No | N/A | Yes |
Interest cost | Low | UOMI of 9.89%, plus late payment penalties if payment is not maide on time. | High – typically double-digit interest |