Could Tax Pooling Be Putting Money Back in Your Pocket?

Claire and Lisa-Jean discuss the value of tax-pooling at the Kindred Accounting office in Kapiti

Kāpiti based chartered accountant Lisa-Jean Foote says running a business on the Kāpiti Coast comes with its own rhythm, seasonal shifts, local opportunities, and the ongoing challenge of keeping cash flow healthy. She says it’s not just about the numbers; it’s about making smart decisions at the right time.

“Tax pooling is one of those tools that can make a real difference, yet many business owners have never heard of it. IRD-
approved and widely used across New Zealand, it allows businesses to buy and sell provisional tax through a pooling
intermediary. Pay too much? Sell the surplus. Come up short? Buy what you need, typically at a lower cost than IRD’s use-
of-money interest rates.”

“The result is more flexibility, fewer surprises, and better control over your cash through the year,” says Ms Foote. “And when your cash flow is under control, you’re freed up to focus on what actually grows your business.”

Ms Foote says at Kindred.Co, they work with Kāpiti businesses on the full picture, from tax strategy to financial planning and everything in between.

“For more see: kindredaccounting.co.nz to learn more and sign up for our monthly newsletter, packed with practical business insights for our local community.”