Check here regularly for the latest accounting & tax info, news and business advice.
Due to the Healthy Homes standards introduced in July 2019, private rental property owners are required to comply with minimum standards for heating, insulation, ventilation,
If you would like to claim vehicle expenses for your business and/or rental property you’re usually required to log vehicle use to justify this claim. Higher
Withholding tax rules are aimed to ensure tax is withheld from payments to companies and individuals who are primarily only supplying labour on a job,
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
Shareholder employees usually pay themselves in 2 ways; drawings which is offset by a shareholder salary at annual accounting time or wages through the company
Are you thinking of buying or selling a rental property? It pays to be aware of the bright-line test, which applies to properties purchased after
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
Cloud accounting software is a real game changer when it comes to managing your business. In New Zealand we have two main options; Xero or
With things moving so quickly, we thought it was time to pull together an update of the various Covid-19 business support options. As always, if anything
One major source of confusion for new and experienced business owners revolves around claiming expenses for your business and in particular, what you can and
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
Clients often ask us “How can we pay less tax on our rental property?” While it’s not always possible to completely avoid paying tax on rentals,
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38 Bridge Street
Freepost Kiwitax, PO Box 12150
Napier 4144, New Zealand