Afirmo Tax Tool

Knowing your tax obligations in New Zealand is super important because if you are in business and not taking care of your tax properly, you can get into hot water with the taxman. The IRD can apply interest and penalties if you get it wrong. But if you keep good records and stay on top of your tax, you can get some sweet tax and sleep easy at night!

The dates when tax payments are due depend on a range of things including what you did last year. With Afirmo, we sort out your deductions and can pay your tax for you if you choose, so you don’t need to worry about missing these dates.

For more information, check out our tax payment due dates.

HEADS UP: If you’re starting a business as a sole trader, you don’t need to pay tax on your profits until the end of your first year in business. Other integrated tax platforms will take your tax before you’re due to pay it and earn interest on your money – not us though, we’ve got your back.

Yes, you can join any time in the year. You can catch up with your accounting and tax once signed up. We’ll give you a hand with any transactions that need to be added for earlier periods.

Yes you can! Afirmo will request your tax records and any tax overpayments from your previous tax tool provider, and either refund the repayments to you, or add them to your Afirmo issued BNZ trust account for you to save for future tax bills. You choose!

Yes, we know that some accounting tools don’t allow income tax to be dynamically calculated and an IRD return prepared. You can use any accounting tool for your business accounting and Afirmo for your business tax management (for example Xero for accounting, and Afirmo for tax if this is your preference).

Check out our full comparison of Afirmo vs Xero here.

Businesses with an annual turnover of $60,000 or more are required to register for GST. Also in some cases it may be better to register early and claim GST on your expenses. Our friendly team of professional accountants will take you through it!

Afirmo uses the bank transaction data to provide you with valuable business insights and our tax tool will calculate deductions on your cash payments. All while keeping you in complete control of your data – and you can disconnect at any time!

You can manage the connection by visiting our trusted partners at my.akahu.nz.

Yes, absolutely. Afirmo can be trusted because we are a registered tax agent with IRD. This means that IRD have granted Afirmo the right to file tax returns and make tax payments on your behalf. We employ accountants and tax professionals to ensure that you get the best advice possible. Tax professionals have also helped us design our automated Tax Tool so you know the calculations are correct.

As your tax agent, Afirmo will be able to get these records from IRD, or your previous accountant, or previous online tax tool provider, with ease. They are obligated to hand over the information, so you are not disadvantaged by moving to Afirmo at any point.

No. While Afirmo and Xero both provide online accounting services each offer very different services. Afirmo is an easy-to-use simple tax and accounting system designed so you don’t need to know very much at all about accounting. Xero is a complex accounting system that to operate, requires a reasonable knowledge of accounting. Check out our full comparison of Afirmo vs Xero here.

No Afirmo is not like Hnry. Afirmo is a one-stop-shop for small businesses – Hnry is only an online tax service provider. Check out our full comparison of Afirmo vs Hnry here.