Tax pooling can provide your business with greater flexibility on your payment of tax and more favourable interest rates if you under or overpay. Due to the impact of Covid-19, Inland Revenue has recently announced it has extended the tax pooling deadline, after recognising the cashflow difficulties some taxpayers face in the wake of the […]
Tax Pooling Deadline Extended Read More »
Ticking items off your end-of-year tax checklist this month? Make sure you don’t forget income received from COVID-19 business support. Also consider whether further tax relief measures could be appropriate. Rules to Keep Cash Flowing If money is a bit tight as the financial year draws to a close, here are three tax measures focused
6 Things You Should Know Before Filing Your EOY Tax – Post COVID-19 Read More »
One of the advantages of owning a business is the many tax deductions that aren’t available to employees. Most of these deductibles are well known, like vehicle and home office costs and other basic business expenses. One area that’s a little less well-known is income protection insurance. Income Protection Insurance is Tax Deductible Income protection
Getting a Tax Break On Your Insurance Read More »
Individuals earning over $180,000 a year will now pay a 39% tax rate, which came into effect on 1 April 2021. If this includes you, are you aware of how your tax obligations change when it comes to shares, property, FBT, superannuation tax, or trusts? The 39% Tax Rate and Trusts From now on, you’ll
The 39 Percent Tax Rate Read More »
There’s been a boom in direct share investments since the lockdowns of 2020 with platforms like Sharesies, Hatch and InvestNow seeing thousands of Kiwis join up to buy shares. These straightforward platforms have democratised share market investment, helping New Zealanders grow their wealth and save for the future. One question though: If you’re directly investing
Paying Tax On Your Shares Read More »
IRD has recently implemented new rules for sale/purchase of a business or property, and changes to the loss carried forward rules.
IRD Tax Updates 2021 – The latest changes Read More »
Are you up to speed with recent changes to tax rules for investment properties? If you own residential rental accommodation, or if you are considering buying a second property, we can advise you on the tax implications.
Property and Tax Update Read More »
Ticking items off your end-of-year tax checklist? Here are 3 things you should consider, including the new 39% tax rate.
3 Things You Should Know Before Filing Your EOY Tax – Post Covid-19 Read More »