News & Practice Updates

Claiming home office expenses

May 26, 2025

If you’re a sole trader and do some of your work at home, you may be able to claim some of your household expenses as tax deductions if they relate to your business. In some circumstances, companies may also be able to claim for home office.

Work vehicles? Stay on top of tax with logbooks

May 23, 2025

If you use a motor vehicle to help earn business income, it can be good idea to use a logbook to track mileage and expenses.

Provisional tax – how does it work?

May 20, 2025

Provisional tax is like paying progress payments on next year’s income tax. Be aware of the rules that can lower compliance costs for small businesses. Talk to us about your tax plan.

Give your small business a healthcheck

February 21, 2025

When was the last time you checked the overall health of your business? The good news is that there’s a Healthy Business Checklist to help you quickly and easily check your business fitness.

Cutting costs or increasing your prices? We can help

February 19, 2025

With many businesses are expecting lower profits this financial year, the more prepared you can be for the unexpected, the better. Talk to us about smart ways to get your costs under control or whether you need to increase your prices.

Keys to managing debtors

February 17, 2025

Worried about cash flow? How are you managing debtors? If it’s a bit stop and start, something you do only when you have time, it might be locking up cash. Seven tips for debtor management to help unlock cash flow.

Cryptoassets and tax

February 13, 2025

Are you an investor in cryptoassets? Accepting them as payment or paying your employees in cryptocurrency? Where do NFTs fit in? Is GST applicable? Don’t forget about your tax obligations; Inland Revenue won’t.

Business plant and equipment: Buy or lease?

December 9, 2024

Buying vs leasing – which one is best for business equipment and plant? How can you figure out the best choice for your situation? Talk to us to discuss your specific circumstances

Giving gifts to clients (think about the tax)

December 6, 2024

If your to-do list includes planning season’s greetings and gifts to clients, take a moment to remind yourself about the tax treatment. you have income from overseas sources?

Do you have direct debits and online payments set up for your business?

December 3, 2024

Do you have direct debits and online payments set up to make it easy for your customers to pay you? Learn about implementing online payment systems to reduce admin time, and get paid quicker.

Paying wages to your spouse - can you claim a tax deduction?

December 1, 2024

If you’re a sole trader or trade as a partnership, and you employ your spouse (or civil union or de facto partner), be aware of Inland Revenue’s requirements before claiming a tax deduction for those wages.

Xero to acquire and integrate Syft Analytics

October 17, 2024

Xero has announced that it will acquire Syft Analytics by the end of 2024.

Risk Management - how do you know what to insure?

September 6, 2024

Businesses often don’t come to grips with their risk management plan (or the lack of one) till some random accident takes out a key manager or lead hand and it hits everyone what it will mean for the business. A plan will help, but where to start?

Managing tax debt

September 3, 2024

Managing your tax is important and we can help with that. If you run into tax debt, you have options, but you need to act straight away.

Uber court case – implications for employers, employees and contractors

September 1, 2024

With a landmark Employment Court decision, four New Zealand Uber drivers won employment rights. If you are an employer, be aware of the case’s implications for Kiwi businesses.

MTM Accounting Blog — News & Updates