Tax Pooling Solutions
Information by Research TrustFinance
Founded in 2003 by Ian Kuperus, Tax Pooling Solutions (TPS) was the first tax pooling intermediary approved by New Zealand's Inland Revenue (IRD). The company's core mission is to provide a mechanism for taxpayers to manage their provisional tax payments more effectively. TPS allows businesses to pay their provisional tax into a pool at the IRD, which smooths out cash flow, reduces exposure to IRD interest charges on underpayments, and provides a better rate of return on overpayments compared to what the IRD offers.
New Zealand
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