Author Archives: Jeremy Dobbie

Taxlab and Tax Traders – A New Era

Launch of New Partnership

We are excited to announce the launch of a tax technology partnership in New Zealand. Today marks the first day of an exclusive new partnership between Taxlab and Tax Traders, a leading tax pooling intermediary and one of NZ’s fastest growing fintech companies.

Our mission has always been about enabling technology to take the pain, risk and cost out of tax administration. This partnership will help further our mission and revolutionise the way New Zealanders pay income tax, both now and into the future.

Check out what this partnership could mean for you!

“Tax Traders has disrupted the traditionally complex and cumbersome world of tax payments via the tax pooling framework, and we’re delighted to be able to partner with them in this way.”

Allen Knight, CEO of Taxlab

New Offering for Corporates

To celebrate the launch of this partnership, we unveil a new offering: Tax Traders Corporate.

This offering provides companies with an enhanced suite of tools that provide automatic access to consolidated tax information so they can make smarter and more efficient decisions and do this in a fraction of the time! More companies will now be able to pay their income tax in the way that suits them best and reflects their unique business model.

Scholarship and Support

Marking this significant moment, we are also launching a new $30,000 tax technology scholarship, Cultivate.

The scholarship program will identify and grow untapped potential in the field of technology, creating opportunities for students who may otherwise face significant barriers to pursuing a future in the industry.

And This Is Just the Beginning

We have been working together on various projects over the last couple of years. This partnership is a key step towards our vision and reflects the growing desire of both parties to collaborate.

Our approach to collaborating and integrating with other innovative technology solutions like Xero and Tax Traders means we can continue to help create a highly efficient process between taxpayers, tax agents and tax authorities.

BDO New Zealand – Taxlab FBT training

Monday 16 May 2022, 1pm-2pm

This training is exclusively for BDO New Zealand and is available to all staff members across all offices.

We will be hosting a webinar to share how to use our FBT software for a wide range of clients, from small companies with a few motor vehicles to larger enterprises with hundreds of employees. Training will include:

  • Collecting and uploading benefits and employee data
  • Automatic Q4 attribution calculation
  • True up calculation and final tax return
  • Review and sense checks
  • Generate cost centre reports
  • Generate client reports and deliverables

Please register below:

Taxlab FBT Software

2021/2022 FBT Update – Free Webinar

The new FBT rates for 2021/2022 are:

  • Single rate = 63.93% (previously 49.25%);
  • Alternate rate = 49.25% (previously 43%); and
  • Pooling rate = 49.25% (previously 42.86%).

After positive feedback from our earlier presentations, we are hosting one final webinar before the first 2021/22 quarterly calculation is due.


PwC and Taxlab – 17 June 2021 – Webinar registration

Taxlab are pleased to have Josie Goddard of PwC to talk us through the technical FBT changes and help you understand the different options for calculating FBT payable. Josie will use a case study to show the impact of the higher 63.93% FBT rate.

To close, we will showcase how FBT software provide a real opportunity for employers and advisers to save tax, better manage cashflow and efficiently complete the FBT return with automated de minimis, attribution and pooling optimisation as well as sense checks, reports and analytics.

Register your interest now.


Speakers

Josie Goddard, PwC New Zealand

Josie is a Senior Manager in PwC’s employment tax practice and brings 8 years of experience in advising large employers. She has led many payroll reviews focusing on employment taxes and has managed a number of Inland Revenue reviews and audits. Josie leads PwC’s policy submissions in relation to employment tax and was PwC’s lead specialist in relation to the recent payday reporting changes.

Jeremy Dobbie, Taxlab

Jeremy has over 10 years of experience working at PwC NZ, Thomson Reuters and EY UK, and exclusively with tax & accounting technology since 2013. He joined Taxlab in 2019 to help ensure the compliance needs of accountants and tax professionals are understood and connected with the relevant solution.