About Us

About the New Zealand Institute of Chartered Accountants (NZICA)

NZICA is a professional accountancy body with over 31,000 professionals as members. Our practitioners are Chartered Accountants who are in contact with thousands of New Zealand businesses every day.

While many people probably think of stuffy white-headed old men with pencils behind their ears when they think about accountants and auditors, the Institute is a lot more than this. Unbeknown to many New Zealanders, the Institute has been heavily involved in commenting and making submissions to Government and Parliament on New Zealand’s tax policy and practice for over 30 years.

Also a little known fact is that the Institute operates on a public interest mandate. This means that when it develops accounting rules, or advises Government or Parliament on tax matters, it looks to best practice and the best outcomes for New Zealand as a whole, not just those of our members.

Indeed, the ideas presented in this paper may generate less tax compliance and related work for many of our tax practitioner members. However this is a natural corollary of making life simpler.

The benefit to small business owners is less time, money and hassle spent on mundane tax compliance. This also allows Chartered Accountants to spend more time doing what they do best: focusing on adding value to businesses to assist them to develop and grow. This is really where our members, your Chartered Accountants, want to focus their energies.

About Tax Management New Zealand Limited (Tax Management NZ)

Tax Management NZ was founded in 2003 by Ian Kuperus and was the first company in New Zealand to help businesses reduce their tax compliance costs by designing and developing a process for businesses to trade their over-payments of provisional tax.

Tax Management NZ has also developed Tax Finance which enables businesses to finance provisional tax at a low interest rate and provide additional cash flow flexibility for business growth.

Ian Kuperus is a member of the Institute of Chartered Accountants National Tax Committee and has a longstanding commitment to working to improve the business tax system.

The foundation of Tax Management NZ is a commitment to developing and maintaining excellent relationships with its key stakeholders, New Zealand businesses, The Inland Revenue Department, and Chartered Accountants. Tax Management NZ is proud to be a sponsor and participant in the preparation of this report.

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  • We know tax compliance for small businesses in New Zealand is time consuming, costly and complicated.
  • Are you ready to see a change in how your small business is taxed?
  • Do you earn up to $60,000? We propose introducing a flat tax rate of 15%.
  • Do you earn up to $1.2m? We propose that you pay your income tax on your GST return.
  • Before we release our final proposal to Government, we want to ensure we haven’t missed anything.
  • Let us know what you think and what you need to help make paying tax easier for you.