Tax pooling not as popular as it should be

While its own tax pool fund has hit the landmark figure of $100m in deposits, professional services firm Crowe Horwath believes not enough middle New Zealand businesses are taking advantage of a service which has no downside to it but offers advantages including ready access to funds, tax cashflow smoothing, and reduced interest payments. That’s … Continue reading “Tax pooling not as popular as it should be”

Are upcoming tax payments putting a strain on your cash flow?

After paying terminal tax on 7 April, upcoming provisional tax and GST instalments due in May could cause significant cash flow problems for your business. By not paying your tax on time, you could open your business up to use of money interest and late payment penalties. Tax Management NZ (TMNZ) and Crowe Horwath can … Continue reading “Are upcoming tax payments putting a strain on your cash flow?”