Employee Vehicle Reimbursements
24 May 2024
If you are paying your employees a motor vehicle allowance as a part of their salary package this is taxed as a part of their
Infobase
Check here regularly for the latest accounting & tax info, news and business advice.
Everything property investors need to know about the bright-line
10 April 2024
Are you thinking of buying or selling a rental property? It pays to be aware of the bright-line rules and determine if it will apply
2024 End Of Financial Year Checklists
4 March 2024
The end of the financial year can be a confusing and frustrating time, so we’re making it easier with our online 2024 end of financial
Brightline Tax Update
16 January 2024
Updates to the brightline tax rules come into effect from 1 July 2024 Prior to the holidays, there was an announcement by the new government
Kiwitax vs Hnry
24 October 2023
Looking for an alternative to Hnry? Are you a sole trader trying to decide whether to use an accounting service for your business or Hnry
ACC Levies On Overseas Earnings for NZ Tax Residents
16 October 2023
ACC (Accident Compensation Corporation) has always been legally obligated to collect levies on overseas business or self employed earnings, however they never did because of
Business Sponsorship – Can you claim?
16 October 2023
Often opportunities come up to provide sponsorship for events or competitions and if you’d like to claim these in your business there needs to be
Hard Questions – Simple Answers : Top Accounting Tips for Tradies
14 June 2023
ITM recently hosted a series of ITM LBP training days where builders were able to get a down-to-earth answers to some of the hard
5 Ways Business Owners Benefit from a Monthly Accounting Service
6 June 2023
First of all… The problem with Annual Accounting For a lot of business owners, filing their annual income tax returns at the end of the
2023 End Of Financial Year Checklists
28 March 2023
The end of the financial year can be a confusing and frustrating time, so we’re making it easier with our online 2023 end of financial
IRD Modernises GST Record Keeping
25 October 2022
IRD have released information about updates to GST invoicing and record keeping allowing for greater flexibility. The new rules may mean you may need to
Is your business ready for a recession?
9 August 2022
With talk of an economic recession looming, now’s a good time to ensure your business is adequately prepared to weather any incoming economic storms and