News & Practice Updates

Tax and Paying People – allowances, benefits, lump sums

March 20, 2026

Do you pay your employees sums in addition to their normal wages, such as allowances, benefits, lump-sum payments, or holiday pay? Be aware of your tax liabilities and know when you need to deduct PAYE on behalf of your employees.

The basics of business finance: income and expenditure

March 18, 2026

Understanding the basics of business finance is a must as a business owner. We’ve outlined how income and expenditure work and the vital part they play in your financial health.

Save your business time and money using cloud accounting

March 16, 2026

Accounting tasks don’t have to eat into your business time. With the right cloud accounting software and setup, you can save time and money – while also getting tighter control over your finances.

5 challenges for small business - and how to beat them

March 13, 2026

Want to know how to beat the most common business challenges? We’ve highlighted five common challenges and the simple ways to overcome them.

Changes to KiwiSaver: how to get your business ready

March 11, 2026

Come April there will be changes to the contributions and rates for Kiwisaver. Find out more about the impact on your employees, your payroll, and your cashflow position.

Keeping your tax and expenses in check when you are self-employed

December 3, 2025

Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks.

How can we support your business profitability?

December 1, 2025

Want to cut unnecessary costs, optimise the most profitable parts of your business, and increase your overall return on investment? Read on to find out about how we can work with you to support your ongoing business profitability.

Are tradie loyalty rewards taxable?

November 30, 2025

As a tradie, you might think loyalty rewards are tax-free. But the Inland Revenue has confirmed that this often isn’t the case.

Share investments and tax

November 27, 2025

Whether you’ve just started to play around with Sharesies, or are already comfortably managing your share portfolio, you need to be aware of how it affects your tax position and the implications if you sell your shares.

Taking card payments will now be more cost effective

November 24, 2025

The Commerce Commission has acted to reduce the cost of interchange fees on Visa and Mastercard payments. Find out what this means for your transaction costs.

Steven's retirement and your new point of contact, Kayleen

September 16, 2025

With Steven now off enjoying his retirement, Kayleen is here to look after anything you need, as well as our wider team.

5 ways to get in control of your business finances

September 10, 2025

We’ve got 5 simple ways to get more from your finances – by embracing the latest in digital accounting and finance apps.

Motor vehicle deductions and GST

September 9, 2025

Sole traders, partnerships, and trusts can claim deductions on motor vehicles for business costs and depreciation loss, for income tax and GST purposes. Calculating the GST can be tricky so it’s important to understand how it works.

Residential Property - the bright-line test and tax

September 8, 2025

If you're an investor, make sure you're familiar with the rules for residential investment property and tax.

Are you eligible for Working for Families Tax Credits?

September 4, 2025

You may be eligible for Working for Families assistance. It can be complicated to work out your entitlement. If your circumstances change your entitlement might too, and you need to be aware of the tax implications.

MTM Accounting Blog — News & Updates