Speeds Up Tax Compliance For Any Sized Firm.

Taxlab can be used along side any Practice Management system. Inland Revenue Gateway Services ready. Prepare, sign off and file income tax return compliance quickly and accurately.

Faster Return Preparation

Use automated data entry, calculations, disclosures and proofs. Eliminate administrative tasks. Document and file corporate income tax and FBT returns fast. Instant updating of moving numbers. Rely on professionally maintained tax software tailored for New Zealand regulations.

Less Review Time

Make checking calculations, disclosures and documentation clear, simple and fast. Remove the need to check bespoke Excel models. Use accurate, transparent and consistent tax workpapers that shift the focus from checking numbers to identifying and resolving tax issues. Generate comprehensive reporting at the touch of a button. Meet record keeping requirements the easy way.

Next Level Provisional Tax

Customised provisional tax notices. Group provisional tax notices. Integrated tax pooling. Automated terminal tax optimisation including minimised interest and penalties through tax pooling. Add some real value to your clients without adding time on the clock.

Intuitive and Easy

Make tax adjustments straight from your trial balance or accounts. Document complex company income tax returns in minutes. Taxlab is intuitive and easy.

Integrated Tax Accounting

Prepare your tax return and tax provision at the same time. Plug in to your accounting system for greater accuracy.

Always Up To Date

Keep up to date with legislative change. Taxlab is tailored for New Zealand regulations and updated in advance by tax professionals for real-time legislative alignment. Fully compliant and approved by Inland Revenue to meet offshore record keeping requirements. Future-proof your business for the inevitability of mandatory e-filing.

Tax Issue Focus

Review consistent tax workpapers and document the same way each year regardless of staff turnover. Spend your time identifying and resolving tax issues.

Increased Certainty

Rely on professionally maintained tax software. Taxlab is maintained by New Zealand tax experts and used by professional accountants.

100% New Zealand

Taxlab is designed specifically for New Zealand accountants, by New Zealand accountants. Used by accounting firms and NZX listed companies.

Collate

• Import from trial balance
• Import from financial statements
• Import overlay
• Reconcile trial balance to financial statements
• Scalable for all company sizes

Calculate

• Non-standard balance dates
• Transitional years
• Temporary differences
• Permanent differences
• Entertainment limitation
• GST on entertainment
• Charitable gift limitation
• Tax depreciation
• Tax gain or loss on disposal
• Taxable and exempt income
• Tax loss tracking
• Foreign tax credit limitation
• Supplementary dividend credits
• ICA and annual imputation returns
• Refundable and remaining credits
• Statement of account
• Use of money interest

Report

• Online review
• Statement of taxable income
• IR3
• IRNR
• IR4
• IR6
• IR7
• IR8
• IR9
• IR10
• IR Subforms
• Deferred tax
• Journal entries