January 28, 2020
Xero are running a series of free online webinars designed to help you brush up on your Xero skills or you can learn more about how it works if you are considering moving onto Xero.
January 26, 2020
The guidance enables the employers the option of applying certain percentages to make allocation between business and private use of telecommunication tools and usage plans
December 16, 2019
Updated mileage rates for 2018-2019 are available and outlined in this article
December 12, 2019
Seasonal dips in income can be highly challenging when you're a small business, but there are ways to predict, plan and overcome these dips in revenue.
December 10, 2019
The statement of cash flows shows howl your business has generated and used cash within a specific time period.
December 9, 2019
From 2019-20 income year, landlords can no longer offset their residential properties deductions against their other income
October 16, 2019
Paying tax is necessary but there are ways to make it a less costly and onerous task to complete
October 10, 2019
Are you drowning in business admin? Automation is an important way to ease your load
October 1, 2019
Provisional tax is income tax paid in advance of the end of the financial year, or paid as you go.
September 12, 2019
IRD and ACC have announced today that from March next year they will no longer accept cheques as payment for tax and ACC liabilities from customers who are able to use alternative payment options.
July 5, 2019
IRD have increased interest rates charged on late tax payments
June 25, 2019
If you have a home office for your business, you should be able to claim some of the running costs and it is important to be aware of what you can and can't claim, and the record-keeping involved
June 25, 2019
Having a large amount of debt in your business is bad for cashflow, weakens your overall financial health and brings down your credit score as a business. So when customers don't pay on time, that 'aged debt' is bad news for your finances.
June 23, 2019
Here are some simple tips to drive business performance
April 4, 2019
For those who are interested in adopting AIM to pay their provisional tax
March 26, 2019
The coalition government's tax working group has now delivered its final report on the future of tax in NZ, including a recommendation on capital gains tax.
March 24, 2019
Donating to charity not only supports the vital work of an organisation or group, but it can have positive side-effects when it comes to claiming tax deductions. To be eligible for a tax credit, you need to make sure that your contributions meet certain conditions, and that you’re making a legitimate claim.
March 20, 2019
From the April 1st, every time you pay staff, payroll information must be filed with Inland Revenue. Under the current system information like the amount of tax a staff member has paid, or their contributions to KiwiSaver is contributed through the Employer Monthly Schedule.
December 4, 2018
Find out how the new Anti Money Laundering rules might affect you and your situation
July 11, 2018
Changes have been made to some of the ways that motor vehicle operating costs can be claimed for business purposes.
June 27, 2018
We have been experiencing issues with Inland Revenue in the recent times, and it seems we are not the only ones...
April 18, 2018
With the new financial year and its milestones, a review of changes affecting our business and you include the...
April 11, 2018
The 2018 financial year has ended, allowing for annual results and taxation to be finalised. In conjunction with...
March 2, 2018
Receiving extensive publicity, IRD has introduced a new method for certain businesses to calculate and pay their...
December 14, 2017
Any article describing tax changes inherently suffers from being out of date quickly, replaced by subsequent...
December 14, 2017
We often get asked about business insurance, especially in regards to business succession planning. Here is a...
June 21, 2017
The companies office has advised that its fees to form a company in New Zealand will cost less overall starting...
May 22, 2017
The Commissioner of Inland Revenue has announced that the mileage rate for reimbursement of business miles...
May 1, 2017
As from today, IRD has announced that it has restored its acceptance of calls from mobile phones to its 0800...
March 23, 2017
MTM Accounting is merging with Dowse Murray Chartered Accountants. We are excited to announce the merger...
March 23, 2017
Levies are imposed by invoice from ACC from information it receives from Inland Revenue, for both PAYE filing...
March 23, 2017
We previously advised that contractors can select any rate of withholding tax with a minimum of 10% when the...
February 3, 2017
Further changes, including changes to provisional tax payments, use of accounting software, fringe benefits tax...
December 20, 2016
As 2016 draws to a close, we would like to take this opportunity to thank you for your ongoing support and allowing...
December 14, 2016
A Levy consultation has completed and the Government has confirmed the following for the years 2018 and 2019...
November 24, 2016
Family trusts are a common structure used to secure the family home and other valuable assets from creditors...
September 21, 2016
A recent article provided an interesting answer to the question of why so many websites feature the colour blue...
June 25, 2016
After hearing from some clients today wondering about calls they supposedly received from IRD about unpaid tax...
May 4, 2016
An article in stuff today headlines the benefits to SMEs of reporting changes. These changes simplify the reporting...
November 19, 2015
The law received Royal assent on 16 November 2015 and applies to property bought on or after 1 October 2015...
November 9, 2015
Recent changes in the requirements for forming a company have made it more challenging, though for the most...
August 25, 2015
Inland Revenue has announced that after its review, it has reduced the mileage rate it authorises for business...
August 24, 2015
The Government is in the process of formalising legislation that will tax the profit on sale of residential property if...
July 8, 2015
Copies of tax invoices for supplies greater than $50 are required to be maintained for seven years. Otherwise, if...
May 8, 2015
In life, circumstances can provide timely reminders of things we should remain aware of. Recently our family...