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
Infobase
Check here regularly for the latest accounting & tax info, news and business advice.
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
Kiwitax – CEO Business Marketing Interview
1 February 2018
Really enjoyed chatting with Ryan about Kiwitax as part of his epic series of 100 CEO Interviews. We talked about why we started Kiwitax 16
Thinking of Buying a Holiday Home?
1 February 2018
The tax rules around holiday homes have changed significantly making many formerly available tax deductions unavailable. If considering buying a property to be available for
What’s The Difference Between GST On Payments Or Invoice Basis?
1 February 2018
There are two main methods you can prepare your GST returns based on, these are: Payments basis – This is when you prepare your GST
