Notes From The Executive · Will The NZ Election Change Your Tax? | Nicola Taylor
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use provisional tax held in a tax pool as collateral to offer businesses a low-rate funding line
5.4% interest rate
“You will have as part of that your KiwiSaver. You'll have to pay that along the way throughout the year as part of your quarterly provisional tax filings or your GST returns.”
“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”
“‘...we built the business on making tax pooling available to every Kiwi business… we entered the market 14 years ago focused on making it available to every New Zealand business.’”
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
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