PAY TAX
Advanced Tax Planning
At this level, tax planning is a year-round activity. Here’s what proactive tax management looks like for large NZ businesses.
Tax Strategy for NZ Businesses at $3m+ Revenue
At $3m+ in revenue, tax is one of the most significant costs in your business. Managing it reactively — dealing with it at year end — leaves money on the table and creates unnecessary cash flow pressure.
What proactive tax management looks like
Year-round tax planning means reviewing your position regularly throughout the year, not just in March. It involves:
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Monitoring provisional tax obligations and adjusting estimates when business performance changes
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Timing significant purchases or investments to optimise the tax position
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Reviewing the structure of the business — salary, dividends, shareholder loans — to ensure it’s still appropriate
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Planning for any significant transactions (asset sales, restructuring, new ventures) with tax implications in mind
The value of a trusted advisor
At this level, the relationship with your accountant should be more than compliance. You should be having strategic conversations about the business, with tax as one input into broader decisions. If you’re not having those conversations, it might be time to reassess the relationship.