Infobase
Accounting & tax info, news and due dates
Check here regularly for all the latest tax information and news
Claiming Website Development Costs
January 26, 2018
There is a distinction between what is an asset and what is an expense when …
Read moreWhat 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.
Read moreIncreased IRD Mileage Rate
May 19, 2017
The IRD’s mileage rate has been increased to 73 cents per km (up from 72 cents) effective for the 2017 financial year. This applies to both petrol & diesel fuel vehicles.
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