Thinking about employing staff?
30 November 2021
If there’s anything more daunting than actually starting your own business, it would have to be employing staff. This is usually the first big hurdle
Infobase
Check here regularly for the latest accounting & tax info, news and business advice.
Xero Software Add-On Guide for Trades
5 October 2021
Everyone knows tradie’s are always on the go. That’s why many sparkys, plumbers and builders love to use Xero. Owners of trade businesses often get
7 July – How to Gain a Time Extension On Your Income Tax Return
31 May 2021
If you’re in business or have rental properties with taxable activity prior to 1 April, your income tax return must be filed with IRD by
ACC Levies Explained
18 November 2020
ACC levies for people in business and now rental property profits are payable based on the profit generated from your trading activities. They are also
Rental Property Trading Structures
9 September 2020
We often get asked what rental property trading structures are best for rental property investors, and like most things, it depends on your situation and
How Do I Become Self Employed?
28 May 2020
New Zealand is one of the easiest countries in which to start a business and become self employed. It’s really as simple as finding
End of Financial Year – A Quick To Do List
31 March 2019
With the end of the financial year coming up (on 31 March) now’s a good time to do a bit of preparation work towards having
Withholding Tax Payers – You’re Probably Due a Refund!
26 June 2018
If you’re a self-employed contractor (for example) who has withholding tax deducted from your income then you are required by Inland Revenue to file an
AirBnB – What You Should Know
26 June 2018
Using AirBnB and similar platforms to rent a spare room, sleep out or holiday home has become increasingly popular and it’s important to understand the
Bitcoin and Cryptocurrencies – How to Tax?
24 April 2018
Inland Revenue has recently given an update on its thinking on how Bitcoin and other cryptocurrencies should be dealt with from a tax perspective. Inland
Extension To The Bright-Line Test
23 April 2018
From 29 March 2018 the bright-line test for residential property has been extended from 2-years to 5-years. This means any Capital Gains on the sale
Compulsory Rental Property Insulation – Deductible or Not?
12 April 2018
With the governments new legislation hitting in 2019 for landlords to insulate their rentals – questions have been asked whether this will be tax deductible
