Blog
Our blog will give you quick updates on current topics for your business
and anything else we are thinking about…GST invoicing changes from April 2023
January 24, 2023
New rules modernising GST invoicing and record-keeping requirements apply from 1 April 2023. The key change is removing the requirement to issue and hold a “tax invoice” document (which meets certain prescribed requirements on details required), and instead ...read more
Key tax compliance dates for January 2023
December 22, 2022
Below are the key compliance dates coming up. If you have questions or need help with any of the following, we are here to help. KEY TAX DATES – JANUARY 2023 16 January 2023 – PAYE – Large employers ...read more
Christmas Shutdown
December 22, 2022
Happy Christmas! We wish you a very happy Christmas and well deserved end-of-year break from us here at Laurenson Chartered Accountants. It has been another challenging year for our clients. We hope you will be able to take ...read more
Tax Pooling offers a flexible way to pay tax
December 13, 2022
If you’re a profitable business, you’re required to pay tax on that profit known as income tax. If your end of your tax bill is greater than $5,000, you will be required to pay provisional tax in the ...read more
Provisional tax: What you need to know
December 8, 2022
If you are an employee, your employer sorts out PAYE on your behalf. But when you’re self-employed, you need to pay your own income tax. For example, if you earned $100,000 from your business, the income tax on ...read more
Your car as a business expense: what can you claim?
November 16, 2022
Being self-employed can be tough – but it does have its advantages. One of those advantages is the possibility of being able to allocate some of your costs to business expenditure, so you reduce your tax bill. That ...read more
Parties and Presents – and Tax!
November 9, 2022
Are you planning a Christmas event for your clients? Is gift-giving on your to-do list? Take a minute to refresh yourself on how much is deductible as a business-related expense. Presents Are you thinking of gifts for clients, ...read more
Planning for upcoming tax deadlines in October
October 11, 2022
Remembering the filing and payment deadlines for your business can be challenging. We have summarised these for you to prevent you from missing any deadlines and facing a penalty. Tax Calendar – October 2022 Note:Â provisional tax due dates ...read more