Income Tax Calculations2025-09-18T10:37:12+12:00

Stay on top of your
Income Tax

Why guess when you can know? Every time you enter new data to Afirmo, your Income Tax calculations are automatically updated. This means you will always know exactly what to set aside, avoiding any surprises at tax time.

Income Tax calculator updated in real time

A New Zealand first! A 24 x 7 view of your business’s Income Tax liability.

Accurate Income Tax calculations:
The Income Tax calculation is based on multiple data sources ensuring accuracy.

Updates each time more information is added:
Sales invoices, expense claims, bank transactions, tax allowances, and other income sources all update the calculations.

Tax optimisation:
Keep the tax allowances tab updated to maximise your tax allowances (private expenses used in the business such as mobile phone, private car, mortgage interest etc).

Income Tax return preparation

Afirmo prepares an Income Tax return for your business in real time ready for filing at tax year end. Your tax return also includes all the disclosures that are needed to remain compliant.

See your tax return in real time:
Afirmo automatically prepares your tax return for you (IR3, IR3b, IR4, IR10).

Ready for year-end filing:
Come tax year end our tax experts will review the returns and interact with you on any questions to minimise your tax liability.

Maximise deductions:
If the tax team find you have underclaimed tax deductions we will tell you to see if we can get that bill lowered.

Income Tax savings

Link your existing bank accounts, or set up a BNZ wallet, and save against your Income Tax liability calculation.

Link your bank account:
Keep your tax money in your own bank account and still track your savings against your tax bill. Great for offset mortgage customers.

Set up a BNZ wallet:
If you want to save for your Income Tax bills and keep the cash out of your main bank account then you can apply for a BNZ wallet, which you can manage within the app.

Track your surplus or shortfall position:
Let the app show you your surplus or shortfall positions. Use the app to top up or withdraw funds as needed.

Income Tax payments

Pay your tax to the IRD – or defer payment – through the app on either the original or deferred due date.

Defer your tax due dates:
Afirmo partners with PWC so you can legitimately defer your provisional tax payments for up to nearly 1.5 years! Great for keeping cash in your business.

Pay the IRD:
You can pay the IRD with Afirmo or consent for Afirmo to make the payments for you on your due dates.

Set regular bank payments to stay ahead:
Use Afirmo’s money tool allocations feature to set rules to pay ACC, KiwiSaver and IRD.

Frequently Asked Questions

How accurate is the Income Tax calculation?2025-04-10T14:32:49+12:00

Very accurate when you maintain the accounts (keep on top of sales invoices, and expense claims) and keep Afirmo updated about your other income and tax allowances  

Does the app prepare Income Tax returns?2025-04-10T14:30:20+12:00

Yes. Afirmo will prepare a draft Income Tax return for your business, and this will be available at the end of the tax year after our tax team have finalised things to minimise your tax bill!

Can I delay when I pay my tax with Afirmo?2025-04-10T14:35:17+12:00

Yes. Afirmo partners with PWC so you can legitimately defer your provisional tax payments for up to nearly 1.5 years! Great for keeping cash in your business. 

Can I pay my tax bill from Afirmo?2025-04-10T14:33:49+12:00

Yes. You can pay directly from the app and Afirmo will use the connected bank accounts, or the BNZ wallet to make the IRD payments for you on the due dates. 

Does Afirmo help reduce my tax bill?2025-04-10T14:36:15+12:00

Yes. Keep the tax allowances tab up to date and reduce your tax liability.  Watch the bill come down as you add more allowances.

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A word from real customers

See who’s using Afirmo

⭐⭐⭐⭐⭐
Trusted by 10,00+ Users

This platform is not just a tool; it’s a solution that alleviates the burden of tax preparation, allowing businesses to focus on growth and profitability without being bogged down by the complexities of financial management.

I signed up to Afirmo wondering how much use it would be to my existing business. Turns out it is helping to refine and streamline my business so much! I’m no longer daunted by the end of the tax year.

The team at Afirmo are an absolute pleasure to work with. They’re passionate, professional and genuine and stand behind who they are and what they do and do it to a high standard

Unbelievably excellent service! A huge thank you to Afirmo for going above and beyond to help me out.

With Afirmo, I effortlessly have all my tax info and income details readily available, while Afirmo handles the entire process in the background. The customer service is spectacular. It’s never taken the customer services team longer than 10 minutes to reply to me and they always come back with a resolution.

Really efficient and honest advice in regard to taxes. Would definitely consider Afirmo for tax purposes and would recommend to anyone.

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