Infobase

Accounting & tax info, news and due dates

Check here regularly for all the latest tax information and news

Any Accounting System is Kiwitax Compatible!

January 26, 2018

With so many accounting systems available today we’re often asked which is the best accounting …

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Calling Trade Me “In Trade” Badge Traders

With the new Trade Me “in trade” badge coming into effect for sellers on 17 …

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Claiming Website Development Costs

There is a distinction between what is an asset and what is an expense when …

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What Does “Loss Carried Forward” Mean?

When a business or rental property makes a loss for the year (so expenses are …

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What is Depreciation & How Does it Work?

July 23, 2017

As a business owner or property investor you’re entitled to make a tax claim for depreciation – but what exactly is depreciation? It’s best described as the devaluation of your assets over a number of years and different assets have different life spans so that’s why the depreciation rates differ.

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