Taxi is designed with conservative, built-in limits and usage guardrails to help your clients use it responsibly.
The maximum amount available to them is limited to the equivalent of one year’s worth of provisional tax payments.
The limit is set in this way because users will then have two years' worth of provisional tax payments in their Taxi account by the time last year’s return and payments need to be lodged with IRD. Tax payments will have been released from any security structure by the time they need to be transferred to meet their tax obligations.
Additionally, if you are set up as their agent in the Tax Traders platform, you can monitor their account and usage through your Tax Traders account. In this way, you as an advisor can use Taxi as a tool to support your clients and regularly engage with advice on cash flow management and business planning.