I DON'T GET FULLY PAID UNLESS I GET A FINANCIAL RESULT IN YOUR FAVOUR!!

Hi, my name is Steve Dent.

Officially, I am a Tax Debt Specialist... but you can consider me your "hired muscle" to help in your fight to get a fair shake out of the IRD. This work is 100% of what I do - it is not an "add on" to an existing business, so I am really focussed on getting a result for you!!

Here's a little more about me...Steve Dent - Tax Debt Specialist

For the past four years, I have been employed by the IRD specialising in negotiating the payment of the tax arrears of small business people. Before that, I was in business for 20 years (8 years in finance), so I have a real understanding with people like you - who are in small business, and with what you have to deal with on a daily basis.

I have now resigned from the IRD and recently started Tax Debt Brokers ( NZ ) Limited.

I want to use my business, finance and negotiating skills for the benefit of people in small business, who have tax arrears. You will maximise the saving of both your time and money by having me act on your behalf... solving your tax issues with the IRD.
By preferring me to negotiate the settlement of your tax arrears, you have one crucial advantage over the others when it comes to gaining the best settlement possible .... my internal knowledge of the way the IRD works! When combining this fact with my business and finance experience, you will be a winner!!

The initial consultation with me is FREE (normlly $150 per hour) and I am happy to come to you. I will give you an indication there and then as to how I can solve your tax arrears with the IRD.

MOST IMPORTANTLY, you can be assured that I work in YOUR best interests and I will always put your financial interests ahead of my own. Remember, my fees are "results based" which means I don't get fully paid unless I get a financial result in your favour!

So, if you have tax arrears, and you want to have them settled in a quick and “pain free” manner - with the best possible result for you ... then call me NOW to make an appointment for a NO OBLIGATION consultation or, fill out the form on the right of this page and send it.

I look forward to meeting you.

Yours Sincerely,

Steve Dent
Managing Director

DON'T DELAY ANY LONGER ... phone (04) 385 6811 or 021 733 001 or email: steve@taxdebtbrokers.co.nz

Last week I sent letters promoting my new service to some Accountants in the area from Wanganui to Wellington. Having followed them up by phone I ended up with an 85% success rate. Securing 17 appointments out of 20 firms contacted.

In my conversations most of the Accountants see me as adding value to what they are doing.

One commented that, she was concerned about whether her clients would see her as being incompetent and that she would be passing it off to me. My response was ...
“What is the highest income percentage of your business, where does your main business come from.” Her response, “From accounting”, I went on and asked “and what percentage of your income comes from settling tax arrears on behalf of your accounting clients” and she said “about 2%”. I said that sounds about right, and then said “100% of my business is coming from those clients”. “All I will be doing is pulling them out of your business sphere for a matter of a couple of months while I settle with the Inland Revenue and they will come back into your business with a clean balance sheet, and I would have added value to your business at the same time. Then you have got a clean client who is actually able to pay your bills and go forward.”

“Contrary to what you believe, if I was one of your clients and you did that for me I would be rapt because you were looking after my best interests and not trying to protect your own”. She got it in the end and so I said on a scale of 1-10 what is the chance of you giving me referrals and she said "oh a 10".

My first client that I had a talk with on Monday, my very first appointment, has now already resulted in work coming through. Another accountant that I had a meeting with this morning also rung up and said that they could pretty much give me work straight away as well. So it is looking quite positive.

The very first client I saw last week resulted in another referral. I had my first client meeting on Tuesday and she hired me, so that is all very promising.

The very first client I saw last week resulted in another referral. I had my first client meeting on Tuesday and she hired me, so that is all very promising.

On Tuesday afternoon I met a guy down here, he is an accountant as well, he is a director of an accounting firm that has at least 10 accountants working for them. You wouldn’t even realise that this number of accountants were up there. But he was brilliant and said look, you know I will take this to our directors meeting next Tuesday, but as far as I’m concerned we will refer you our clients that need your help.

This week has been really good where I haven’t had any more of those accountants that have been defensive. All I have really done this week is completed my appointments with those accountants that I sent out letters to at the beginning. I have also got the promise of three of those other accountants that are going to give me their business as well . So out of those 17 appointments, I have 4 definite clients and 5 definite who are going to be passing their business onto me.

I have just purchased what I think to be a good method of advertising and have attached a copy. I think it is concise and pertinent. I would be interested in your comments.

I was asked a question by a client. How long does it take after you submit a proposal to the IRD before you get a response or a resolution? I responded...

I was asked a question by a client.

How long does it take after you submit a proposal to the IRD before you get a response or a resolution?

I responded, I was down there the other day and they were saying that they have a service standard saying that they will answer 85% of their correspondence within 14 days. But it could be as long as 4-6 weeks, it just depends on how quickly my clients get me all the information I need. I guess you could say that this is my golden key, because I know how it all works on the inside and I know who the proposal will have to go to and so therefore I know the depth and type of information that I need to put in that proposal so they don’t keep coming back to me or the client asking for more information. So what I do is put the proposal in such a way so that basically all they have to do is rubber stamp it.

There is a person down here that I am dealing with, they have got serious tax debt. Now they were put onto this tax expert by their accountant, who happens to be my accountant and this was done in April, May this year. This tax expert is brilliant in "tax technical" areas but doesn't really get involved when a person has tax arrears.

There is a person down here that I am dealing with, they have got serious tax debt. Now they were put onto this tax expert by their accountant, who happens to be my accountant and this was done in April, May this year. This tax expert is brilliant in "tax technical" areas but doesn't really get involved when a person has tax arrears - preferring to refer this person to a business advisor. The business advisor spent the next 5 months writing communications between him and the IRD’s case officer, but he wasn’t supplying what the case officer wanted. So these communications went on for 5 months and you could imagine the penalties and interest that the customer gained. He wasn’t actually getting to the core problem nor giving the material that the case officer wanted and it just went on and on, all to the customer's detriment.

In the end, my accountant asked me to see the customer so I said to this customer that I had been asked to come down to check things out. I met with them Tuesday 27th October at their shop and by Monday 2nd November I had a proposal into IRD, only 6 days later. The accountant told me that at that point they were being threatened with liquidation. The business advisor charged the customer for all his time - even though there was no resolution at that point, but at least the customer will now get a resolution and she will be able to stabalise her business.

Most people just put their head in the sand, they just don’t want to deal with tax debt and they just let it get out of hand. The best way to get out of tax trouble no matter where you are at any stage is to actually become tax compliant from that point forward.

Most people just put their head in the sand, they just don’t want to deal with tax debt and they just let it get out of hand. The best way to get out of tax trouble no matter where you are at any stage is to actually become tax compliant from that point forward. So if you have got tax arrears and you suddenly think oh god I have got to deal with this, whether you use us or your accountant or whatever. The best thing that you can do to get out of tax trouble is to make sure that the next tax return that you need to file is actually filed on time and that your next tax payment also goes along with that tax return.

So it doesn’t matter what your history is you always have a chance of staying out of tax trouble if you maintain tax compliance from that point onwards. Through Tax Debt Brokers we will start communication on your behalf, make sure that you can maintain tax compliance with your current tax returns and then the tax arrears can be dealt with as a separate issue and put on hold until we can negotiate a suitable resolution.

There are over 200,000 taxpayers who have tax debt in New Zealand.

There are over 200,000 taxpayers who have tax debt in New Zealand. Tax debt becomes tax debt when a taxpayer doesn't pay their tax by the due date. Tax debt is also known as tax arrears. Tax Debt Brokers was formed to do solely as the name suggests, we broker the settlement of tax debt on behalf of those taxpayers that have tax arrears and don't like dealing with the tax department. Those people who have tax debt choose us to settle their tax debt for them because they know that we specialise only in the settlement of tax debt. In fact we do not do anything else BUT negotiate the settlement of tax debt. It is our expertise in negotiating tax debt that will achieve for our clients the best tax debt settlement terms possible.

Something from a very happy client

"Dear Steve,
The accountant said you would not be able to get it all written off so we did not dare hope, but you did !!!!

Wow, what a wonderful result. Your service has been professional, friendly and highly successful.

Thank you very, very much. I have already recommended you to a friend. She will be in touch.

What a wonderful feeling – no more arrears !! You have given us a fantastic Xmas present, thank you again"

Tax debt never sleeps and nor does it take holidays! Although the Xmas and New Year period slows down for us a little, due only to our clients taking their holidays ... it is important to note that their tax arrears marches on regardless. Our level of enquiry has already picked up again with people who realise that they have to deal with their tax debt start to contact us for assistance. Our area of expertise in dealing with tax arrears is starting to become known outside of Wellington as we are getting enquiries from as far away as Auckland and have clients as far away as Napier now. With technology the way that it is, and no matter where in New Zealand a client lives, if they have tax debt - then they should know that we can resolve it for them ... without them having to leave their home to visit us.

I am still getting the odd question like “Why shouldn’t I negotiate my own tax debt settlement with IRD and save money?”.  Sounds simple on the surface BUT ...

My answer is still the same - and I am adamantly of the view, that you will NOT save money by trying to resolve your own tax arrears – or even by using a "part timer" to do it!

There is so much involved in negotiating a beneficial tax debt settlement.  It is not just about the money – or what appears to be in front of you at that time!

For example ... sometimes it can be more about foreseeing, then negotiating to prevent, a criminal prosecution or ... seeing more value in being able to financially re-structure a business to prevent potential liquidation at a later date or ... simply being aware of what ALL the options are!
   I can only stress that Tax Debt Brokers are "tax debt specialists". It is our DIRECTLY RELEVANT "know-how" and financial experience that makes us specialists in the area of negotiating beneficial tax debt settlements. Tax debt settlement work is the ONLY work we do.

We use specialists ourselves. For example, if during our work, we require expert Technical Tax Advice, we don’t start looking up the Tax Acts, we simply give Jeff Owens from OWENS TAX a call and his expertise saves us (& hence our clients’) a lot of time and money!

Need I say more! You will ultimately save time and money by using a specialist.

I know of a case where a first time property developer engaged a firm of very prominent solicitor’s to act on their behalf in a land purchasing transaction. Despite having all the background facts, and advertising themselves to have expertise in not only property law issues – but also property tax issues - the solicitor drew up a sale & purchase agreement in a way that prevented the developer from claiming the important GST refund on the purchase!
The solicitor failed to advise the developer of this fact, which later led to the IRD disallowing the GST refund. The firm of solicitor’s initially tried to defend their position - but eventually succumbed (and paid!) when it was clear the case was going to the High Court.
The moral of this story is very simple: If you want a successful outcome to your current situation or dilemma – consult a specialist!

Tax Debt Brokers offers a 100% money back guarantee. This reassures our clients that, if we complete their job but still don’t resolve their tax arrears with the IRD, they can expect to get our fees paid back to them in full!
For clarity, for opportunists and for those who don’t operate in good faith, our guarantee naturally does not cover those situations where, for whatever reason, our client simply decides to cease our services while we are negotiating with the IRD. However, for those with integrity, it is a “no-risk” transaction dealing with Tax Debt Brokers.

Hardly anyone deliberately sets out to evade their tax obligations. Most of the time people get tax arrears for no other reason than unfortunate circumstances at a particular time. These circumstances are unexpected and unplanned for - but as the IRD interest accrues on top of their savage “late payment penalty” regime, it doesn’t take long for the tax debt to become unmanageable. Before you know it, insolvency occurs and the survivability of the business becomes threatened as you are left trying to meekly negotiate with the IRD.

There are lots of areas to cover when negotiating – meaning it is not just about saying how much one can afford to pay back. We are aware of many occasions where someone with tax arrears has succumbed to the IRD (to IRD’s delight) and agreed to a tax settlement that has been more in the IRD’s interests than their own!

Tax Debt Brokers not only know (and thrive) in the negotiation process itself, but they know how to lawfully mitigate the circumstances of someone who has tax debt. A successful negotiation is one where all parties gain value from the final outcome and,  Tax Debt Brokers knows how to attain that value for someone with tax arrears.

Definition of "Unresolved":
Means that we have completed all available means to resolve a case but there remains a stalemate between us and IRD, and there is no clear path forward.

Definition of "Resolved":

That an outcome has been determined, which could include one or more of the following:

1. Lump sum full payment;
2. Part lump sum and part instalment arrangement;
3. Part lump sum and part write off;
4. Part lump sum, part instalment arrangement and part write off;
5. Part instalment arrangement and part write off;
6. Full instalment arrangement;
7. Full write off;
8. Bankruptcy;
9. Liquidation;
10. Criminal Prosecution;
11. Our client has dispensed with our services, for whatever reason.

We have noticed the IRD is taking more of a “bullying” stance with taxpayers who have tax debt. Instead of negotiating the repayment of tax arrears, in a lot of cases, IRD appears to be taking the more simple option of suggesting legal action – which is scaring taxpayers into borrowing more money than they can afford or might otherwise be necessary.
Tax Debt Brokers is aware of the rules when it comes to resolving tax arrears and know how to negotiate a “fair” resolution of a client’s tax debt. If you, or someone you know have tax arrears, give yourself a chance...come and talk to us!

We have recently reviewed our statistics, and are proud to advise that we not only have a 100% success rate in terms of resolving the tax arrears situation on behalf of our clients but we are currently achieving an average of 74% of FULL FINANCIAL RELIEF for them as well!
Needless to say our clients are very happy coming to Tax Debt Brokers when they want to get rid of their tax debt!

After finding out that IRD were demanding that I pay more than I could ever afford I felt like I was under attack.

A friend referred me to Steve Dent of Tax Debt Brokers, but before I could contact him he had rang me to say that he was here to look at my case and explained what he did and how he could help. Within a few short minutes of talking to him he had lifted some of the weight from my shoulders and the anxiety that had built up from not knowing what to do was gone. Just the very thought that someone who knew where to start and what to look at first was out there was a great relief.

After a few meetings with Steve and finding the relevant information I found that most IRD problems have some light at the end of the tunnel and Steve knew where to start.

I found that Steve didn’t treat me as a number or a criminal and often I felt that I was. He went through in detail his proposal to the IRD and that in some cases it is a waiting game to see what he and IRD could come up with to resolve the problem. Within a few weeks we had a result and it was good news. To me, this felt like a miracle.

Steve’s professionalism without losing personal touch was great and it’s what the IRD should be doing to stop them looking like a law unto themselves.

G.K. Wellington

TIME is of paramount importance when you have tax arrears.
For those who have tax debt, the combination of time and idleness can devastate you personally and your business.
Late payment penalties and Interest keep mounting over time and this compounding effect dramatically increases the level of tax debt over a short period of time.
For someone who has tax arrears, it is vital they do not put their head in the sand. The earlier one deal’s with their tax debt, the easier it is for them not to be forced out of business.
Believe this – tax arrears will not go away simply because the IRD is not chasing you ... all it means is that the tax debt gets bigger and bigger until it is too late.

I have noticed recently that the IRD is becoming more aggressive in their attitude towards those people who have tax arrears and who also have Family or Trading Trusts.
For example, one client has a Trust with a Corporate Trustee and he has been making his annual $27k gift to his Trust. The thing is, he has had tax debt at the time of making the gift and IRD has suggested that they could instigate action which would result in those gifts being overturned if the client was made bankrupted.
Section 204 of the Insolvency Act 2006 provides for the Official Assignee to cancel a gift, if it was made up to 2 years prior to being made bankrupt.
If you have tax debt and you are making gifts to a Trust, think carefully before doing so. Better still, give Tax Debt Brokers a call if you have tax arrears.

We have been receiving enquiries from people wanting to know where we operate, given that we are physically located in Wellington. Although we have clients as far away as Auckland, Tauranga and Napier ... I am happy to say that we operate New Zealand wide. With technology like email, facsimile and especially Skype, there are no problems for us to operate wherever we choose. We are looking to get ourselves more known in places like Hamilton, New Plymouth, Palmerston North in the North Island and Christchurch, Dunedin and Timaru in the South Island.

We have been so busy resolving tax debt for clients over the past few weeks and have been meeting the targets that we have set for ourselves – which we think is pretty special. So much so, that after exactly 6 months from our launch date we are currently looking for our first Contractor.
We have added a careers page to the website and our plan is to expand nationally. We will be looking to get local representation in places like Auckland, Napier, Palmerston North, Christchurch and Dunedin as we move into the new financial year.

End of the financial year Tax Returns are often the time when businesses and individuals suddenly discover they have tax arrears. It can be a nasty shock.

This is where we at Tax Debt Brokers can help you. In fact, business is booming and we are looking for our first “independent contractor” to work under the Tax Debt Brokers umbrella. This means an exciting opportunity for the right person to share some of our increasing work-load while also working independently to grow their very own corner of the Tax Debt Brokers “empire”. If this sounds like you then grab the phone and get in touch: (04) 385 6811 (Wellington) or email: steve@taxdebtbrokers.co.nz

At this time of year, as I mentioned, many people find themselves in “hot water” with the IRD and find they suddenly need an advocate as well as expert advice. I formed Tax Debt Brokers 8 months ago because of the need I saw in New Zealand and the unnecessary pain and suffering. I saw people not knowing where to turn for help and advice when they had tax arrears.

The Good News is… that often seemingly difficult and even hopeless situations can actually be resolved. If you are in such a situation: please call me today. It is no good waiting. We specialise solely on resolving Tax Debts (or Tax Arrears) – if we can’t help you then probably no-one else can.

Call Steve on our special free phone: 0800 Tax Debt (0800 829 332)

We’ve seen a few instances now where an entity with tax debt has approached the IRD with a repayment proposal - which has been turned down and now legal action is looming.
In itself, there is nothing special about this outcome – except in a lot of these cases, legal action (& thus the business shutdown) could have been avoided, if only the tax arrears proposal had been done differently.
The point is, our experience ensures that the proposal we submit to the IRD is appropriate to our clients’ circumstances and to date, we have never had a tax debt proposal rejected.
If you know of an instance where the IRD have declined a proposal to address a business’ tax arrears, get hold of us urgently so we can review the case. It may very well mean the survivability of that business – and all that goes with it!

Before we can approach IRD with a proposal for resolving tax arrears, it is important that all outstanding tax returns have been filed first. The tax debt must be able to be quantified, and the only way of doing that is by filing your tax returns.

If tax returns have not been filed, Inland Revenue routinely apply “Default Assessments” which is their guess at what you might need to pay. These default assessments are legally collectible by IRD and could blow your tax arrears sky high. Plus, you can get a criminal prosecution for not filing returns.

If you have tax arrears and have also got some outstanding returns, please contact us and we can arrange to have your returns done.
 

Some people can lose their head when they have tax problems. Someone who has tax debt contacted me the other day and asked whether I could help them “lose” their tax arrears by lying to Inland Revenue about their true circumstances. I asked “why don’t you want to get a loan to at least help pay your tax bill” and they replied that they preferred to liquidate their company and just move on to another company.

I made it clear to this person that we will use all our expertise to resolve their NZ tax debt, with as much financial relief as possible, but we would only do it within the law and I also made it clear that under no circumstances would we misrepresent our clients financial position to the IRD.

Tax debt relief is where the IRD has decided to forgive some or all of an amount that a taxpayer owes in back taxes – or tax arrears.

Obtaining tax debt relief is generally dependent on a taxpayer’s current financial situation, but not always. There are a number of reasons why the IRD may not grant tax debt relief – even though the taxpayer may be in financial difficulties. This fact is very important and if ignored – may mean the closure of a taxpayer’s business – or even bankruptcy.

The reason why someone who has tax debt would approach Tax Debt Brokers to help is because of our “very relevant” knowledge and experience. Tax Debt Brokers knows the rules and knows how to achieve the maximum tax debt relief possible right at the start - to see why, click here. This fact alone WILL save you money!

Importantly, Tax Debt Brokers anticipates the IRD’s likely actions and this point alone will maximise your tax debt relief possibilities.

If you, or someone you know has tax debt (or tax arrears), you need to call Tax Debt Brokers to get things done properly from the start and save yourself a lot of money.  

More and more people who have tax debt are becoming aware of how we can negotiate tax debt relief for them. We have updated our website to emphasise our strength in the area of tax arrears, (or tax debt) and what makes us unique in this area. Please consult our website for more details.

We provide expert assistance for our clients who not only have tax debt, but who also have been warned by Inland Revenue about not filing tax returns or paying PAYE on time – which are criminal acts.

Our knowledge and experience in the area of businesses who have tax debt and how to settle this with Inland Revenue makes us a powerful option to use.

I have noticed that when people have tax arrears they put their heads in the sand and hope their tax debt goes away. This is not a good strategy to employ and they should see us to get tax debt relief urgently.
There are several tax debt relief options available and by being proactive, people will give themselves the best opportunity of getting a good result with the IRD. By doing nothing, this is a sure fire recipe for the IRD to take a tough stance.
We know all the tax debt relief options available and are very skilled in getting the best result for our clients.

We are receiving more calls from businesses that have tax arrears and are facing legal action. It is a lot harder to try and settle tax arrears with the IRD once legal action is underway and for this obvious reason, I would urge contact with us BEFORE legal action has commenced.
Although we specialise in negotiating the settlement of tax arrears - we are not magicians, so if you have tax debt – give yourself the best opportunity of success by contacting us early, rather than when you are facing liquidation or bankruptcy.

One of the best ways that people who have tax arrears can help themselves, is to make sure they have filed all their tax returns prior to contacting us for tax debt help. The first thing we check is the filing of tax returns, as we would be wasting everyone’s time by putting a tax settlement proposal to Inland Revenue if there are outstanding tax returns.
So to repeat, if you have tax arrears and you are wanting us to help you resolve your tax debt, please ensure your tax returns are up to date with the IRD.

Due to the level of inquiry we are receiving, we are pleased to announce that we have just appointed our first Contractor for the Auckland area to assist people and businesses who have tax arrears. Fiona will be starting with us very shortly.
We have also just appointed Ian to assist us in the Wellington area and he will also be starting shortly. Both Fiona and Ian have very strong relevant backgrounds that can only be of top value for anyone who has tax debt.
In the meantime, if you have tax arrears and you want quality tax debt help, then just let us know.

We have been seeing a lot more cases where businesses and individuals who have tax debt are being subject to legal action by Inland Revenue. If you, or someone you know, has tax arrears – please don’t wait for the IRD to threaten legal action before you contact us. The earlier you contact us for tax debt help the easier it is for us to help you.
We have found on some occasions that legal action has been not only unreasonable, but unnecessary - but if it is left too long, then it may be too late for Tax Debt Brokers to give you tax debt help.

If you have tax arrears and your application for tax relief has been declined by Inland Revenue, think seriously about bringing it to Tax Debt Brokers to have it reviewed. We have been having great success at re-submitting tax debt settlement proposals, and having the decision reversed, with very significant tax debt relief as well.
Tax Debt Brokers has a system that ensures all areas of the tax arrears resolution process gets covered – meaning the question of tax relief or legal action is an easy one to answer.
ANYONE WHO IS LOOKING FOR TAX DEBT HELP CANNOT AFFORD NOT TO CONSULT TAX DEBT BROKERS

Some people only have a small amount of tax debt, but are anxious to get tax debt help - just the same as someone who has a large amount of tax arrears.
It is an economic reality that the lower the tax debt is, the higher our fee ratio will be (as measured against the level of tax arrears). We therefore fully understand that it does not make sense for a client to pay our fees when, due to the very low level of tax debt, it makes it a whole lot easier for the client to negotiate their own tax debt settlement directly with the IRD. Naturally, every client is different and their tax debt situation has to be assessed on its own merits.
Depending on their situation, we first make sure there are no potentially bad outcomes for our client (civil or criminal) and then we advise them on the best way to approach IRD to settle their tax arrears themselves.

As a reminder to those who have tax arrears, you will not be able to negotiate the repayment of tax debt until your tax returns have been filed. This is because until tax returns have been filed, tax obligations cannot be known. But it is not a good idea to have the attitude of “if I don’t file my tax return, then IRD won’t know if I have a tax debt or not”.

Inland Revenue can (& do) impose “Default Assessments” as a way of encouraging the filing of tax returns. In nearly all cases, these create a higher tax debt than if the proper return was filed itself – and the Default Assessment is legally collectible. Of course, once the correct return is filed, these tax arrears are replaced by the correct amount.

Contact Tax Debt Brokers to get quality help when dealing with the IRD.
 

Are you looking for a tax debt solution? If you, or someone you know, have tax debt and you don’t have a tax debt solution, then it will help your cause to contact Tax Debt Brokers.
There are different options available to resolve tax arrears and a tax debt option depends on the individual circumstances of each party that has the tax debt.
Tax Debt Brokers know how to negotiate the most appropriate tax debt solution for each circumstance.
 

Once a tax debt has been established, it is also not a good idea to ignore it in the hope that the IRD either won’t know about it or won’t bother chasing it. For each day the tax debt is not dealt with, Penalties and Interest start accumulating to the point that the tax arrears become unmanageable.
As previously pointed out, IRD have the ability to go to anyone who owes you money (your bank, your Debtor etc ...) and demand they pay IRD instead on the basis that you have tax debt.
Contact Tax Debt Brokers for quality help when dealing with the IRD.
 

We receive a lot of referral business from Chartered Accountants who recognise that we add value to their business by providing tax debt solutions for their clients. Here is one such testimonial ...

“Most Accountants will have one or more clients with some form of tax arrears with or without a formal repayment proposal in place with IRD. After experiencing Steve's negotiation skills first hand on behalf of a number of such clients, I now just pass these clients on directly to Taxdebt Brokers without hesitation. It is now my belief that we, as Accountants for these taxpayers, are in fact doing our clients a disservice by attempting to negotiate these matters with IRD ourselves when "Taxdebt Brokers" seem to have the experience, systems and precedents to follow, that achieve consistently great results for our clients”.
Leigh Johnston – Director, Hetherington Johnston, Chartered Accountants, Lower Hutt
 

The Phrase “Tax Debt Brokers” is now a registered trademark which means it can now use the symbol ® after it.

It is only when you work within an organization that you really understand it. When it comes to IRD, most accountants simply do not have a clue.

If the accountant handles the negotiations with IRD on behalf of the client poorly, the client may be put out of business. Using Tax Debt Brokers (NZ) Ltd for clients with tax debt has several obvious advantages. First, it frees up the accountant to concentrate on other work. Second, it takes the responsibility of the management of the debt away from the accountant. And thirdly, it puts the matter in the hands of an expert – someone who knows how to approach IRD in each case to achieve the best outcome for the client.

Steve Dent has managed several very good outcomes for us with clients with tax debt. Some were hopeless cases – but he managed to negotiate a deal with IRD that allows them to continue in business. I cannot recommend Steve highly enough, he is also a hell of a nice guy to deal with. Clients tend to like him too.
 

Christine de Lee
 Director
 Accountants on Victoria Ltd
Lower Hutt
 

For someone who has tax arrears and is looking for the best tax debt solution, it is obviously preferable to employ someone who specialises in negotiating a tax debt settlement with the IRD. This will ensure they get the best deal available for their circumstances.
One undeniable benefit a customer has when using Tax Debt Brokers to negotiate a tax debt settlement with IRD is the fees are set right at the start – BEFORE any work is undertaken.
Tax Debt Brokers do not operate on an hourly rate and therefore their client knows exactly what fees they are going to be up for before they engage Tax Debt Brokers.
With certainty of cost at the outset as well as a 100% money back guarantee, a client has total peace of mind when it come to getting the best solution for their tax arrears.

If you know you have tax arrears, give yourself the best chance of business survival by not waiting for Inland Revenue to chase you before you seek help.

We see a lot of cases where clients are facing business closure - thanks to IRD legal action. This really puts the pressure on unnecessarily and things could be a lot easier to handle if we are able to get onto it early on in the peace - NOT just prior to liquidation.

When looking at whether a business or an individual qualifies for financial relief or not, it is a futile exercise to compare the current case against a previous case and automatically look for the same result. No two cases are ever the same - in any respect - so for that reason we would be wasting our time doing a comparison.

Inland Revenue considers each case on its individual merits and circumstances and this is exactly the way we look at each cases as well. There are so many different interpreptations of information, different financial information involved, different case officers involved, different revenues involved etc etc etc which all go to making the waters very murky indeed.

Getting the best for your client is a well defined skill ....

Inland Revenue have a set process when calculating instalment arrangements. When it suits, they not only discount payments in line with the Government Stock Rates (1 & 2 Year), they also apply a "Probability of Payment" ratio - which cuts an even deeper discount on the payment. If the payment is coming from the surplus cash of a business, the value can be slashed down to as low as 45% by applying the probability of payment ratio over a 2 year period. You can imagine what effect this has on the real value of the payment !!

Although nobody deliberately sets out to get tax arrears, in this business climate, it is very easy to run short of cash at the time you need to pay your taxes. There is no need to get stressed over this situation as the main thing to do is contact us and we will take this stress away from you. We do this by dealing with the IRD on your behalf and use our knowledge and skill to negotiate a settlement of the tax debt to the best financial benefit as possible. What you shouldn't do is delay contacting us as this will just make your position with the IRD worse by the day.

If you have tax arrears, the IRD applies Interest on a daily basis and Late Payment Penalties on a monthly basis ... which ensures the level of your tax debt keeps rising rapidly. If the tax arrears include PAYE, the IRD also applies Non-Payment Penalties at 10% per month - which will end up crippling you financially.

To give you the best chance of financial survival, you need to deal with your tax debt as quickly as possible. And that is where Tax Debt Brokers can help ... we specialise in negotiating the settlement of tax arrears with Inland Revenue ... check out some of our testimonials ...

We have noticed that over the past few months, the IRD's collection policies have taken a new harder line in regards to tax debt. Their willingness to negotiate the settlement of tax arrears seems to have been replaced by an intention to suck as much funds out of the taxpayer as possible, without regard to the taxpayers' residual financial position, or their ongoing ability to pay their future tax obligations as they fall due.

Whilst this policy may appear to maximise the collection of the tax arrears in the short term, we believe it will have a much greater negative effect on the future tax take that may have been budgeted for. This is because it will trigger the inevitable bankruptcies and liquidations that will surely follow and the subsequent job losses etc etc.

Tax Debt Brokers will continue to watch with interest.

Many people ask the question as if they have already decided their situation is hopeless. It is not. The IRD are not out to destroy honest people who are a bit behind in their tax payment: even if you are a lot behind.

What you mustn’t do is do nothing. You are legally obligated to get in touch with IRD and at least negotiate some kind of realist settlement. If you don’t know your full rights under the law or feel intimidated talking to IRD directly; that is where an experienced third party like ‘Tax Debt brokers’ can help you.

We specialise solely on resolving Tax Debts and Tax Arrears – if we can’t help you then probably no-one else can.

Listen to our new ‘audio recording at www.taxdebtbrokers.co.nz and hear our Founder Steve Dent talking about why he founded ‘Tax Debt Brokers in the first place and what we can do to help clients with tax arrears.

If you like what you hear then call us to discuss your situation personally and in complete confidence. Remember, we will refund 100% of any fees paid by you, if - when we finish your job - your tax arrears remain unresolved.

Call our special free phone: 0800 Tax Debt (0800 829 332)