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
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Check here regularly for the latest accounting & tax info, news and business advice.
What is Provisional Tax?
9 August 2022
Provisional tax in New Zealand can be confusing, especially if you are just starting out. We’re seeing more people who have small businesses, contracting
Xero Price Increase – September 2022
14 June 2022
Xero have announced a price increase to their plans. From 15 September 2022, the price of Xero plans in NZ are changing: Starter plans increase
New Reporting Requirements for Trusts
23 March 2022
Inland Revenue now require significantly more information about a trust’s earnings, settlements and settlors, beneficiaries and distributions and persons with powers of appointment. These new
2022 End Of Financial Year Checklists
8 March 2022
The end of the financial year can be a confusing and frustrating time, so we’re making it easier with our new online 2022 end of
Changes to Claiming Interest Against Rental Property Income
7 December 2021
UPDATE 10/3/2024: There has been an announcement about changes to interest deductibility, bringing forward and increasing the rate of deductibility. Financial year ending 31
What is Customer Due Diligence (CDD) & Anti-Money Laundering (AML)?
7 October 2021
The Anti-Money Laundering (AML) and Counter Financing of Terrorism Act 2009 requires Reporting Entities (Such as Kiwitax) to put preventative measures in place to help
Covid-19 Business Support Packages – August 2021
18 August 2021
*Note* this article relates to Covid-19 Support packages which were available in August 2021. Check out this article for packages available in September 2021. The
IRD Shining a Light on Bright-line Grey Areas
5 July 2021
If you’ve seen the news from IRD recently, they’ve been focussing on and highlighting issues with compliance around the bright-line. If you aren’t sure what
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
Xero Price Increase – September 2021
27 May 2021
Xero have just announced a price increase to their plans. “From 23 September 2021, the price of Xero plans in NZ are changing: Starter plans
Hawke’s Bay Chamber of Commerce Wellness Conference – June 2 2021
26 May 2021
Once again, Kiwitax are proud to sponsor the Wellness Conference. This is a great chance to get out of your business and focus on the
