News & Practice Updates
Kilometre rate changes announced by IRD
June 11, 2021
IRD has advised of new rates to apply in claiming a mileage deduction for business use of motor vehicles
Should I focus on profits or cashflow?
June 10, 2021
Worried about your cashflow and the profitability of your business? Maybe it’s time review your finances and highlight key ways to improve your cash position while keeping the profits rolling in. Read on to find out more.
Xero price increase and Two Factor Authentication
June 3, 2021
Xero has announced that its deferred July 2020 price increase will now come into place from 23 September 2021. Read on to find out more.
Should you buy or lease your business assets?
May 27, 2021
Should you buy or lease your new equipment? You may need to review your current financial position, cashflow and cost base to decide whether buying or leasing is the right thing for your business.
Tax shake-up targets property investors
May 20, 2021
Big tax changes for property investors will have an impact on anyone who owns an investment property - your strategy may need to change. What changes will you need to make?
The 39% tax rate - Your questions answered
May 13, 2021
The new 39% marginal rate that applies to all employment income over $180,000 is now in force. Read on to find out about how the new rate will affect you and your business.
Changes to taxation rules on Residential properties
March 23, 2021
Today the Government announced two significant policy changes to the rules governing residential property. How will these change impact you?
Tenancy Laws are changing in NZ
March 10, 2021
Tenancy laws are changing in NZ. If you own or rent, make sure you understand how these changes will impact you.
Small Business Cashflow Loan Scheme expanded
March 8, 2021
New criteria for the Small Business Cashflow Loan Scheme (SBCS) now allow for more businesses and organisations to apply. Speak to us about whether the SBCS loan is right for your business.
Staying afloat and thriving through a downturn
March 5, 2021
Coping with a sudden downturn is no walk in the park. If you’re looking to improve your business planning or improve your financial model, do come and talk to us.
The Holidays Act 2003 — reduce your risk of non-compliance
February 26, 2021
Ensure your payroll systems and processes are up to date and reduce your risk of non-compliance with the Holidays Act .
Changes to Trusts’ reporting requirements under new Tax Act
December 17, 2020
From the 2021 tax year, new reporting requirements will come into place for trusts. Find out how this will impact you and your trust.
Mileage rates for motor vehicles updated by IRD for the 2019/2020 year onwards
December 15, 2020
Inland Revenue has now finalised the kilometre rates to be used for the 2019/2020 income year for business motor vehicle expenditure claims.
Increase to the top tax rate for individual taxpayers
December 8, 2020
The Government is expected to increase the top tax rate for individual taxpayers to 39% on income over $180,000. Read on to find out when this change comes into place and how it will impact you.