Blog
Our blog will give you quick updates on current topics for your business
and anything else we are thinking about…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
Fringe benefit tax – calculating the real cost of employee perks
October 4, 2022
Fringe benefit tax is one of the trickier areas of day-to-day taxes for Kiwi businesses. What is fringe benefit tax? Fringe benefit tax, or FBT, is a way of taxing employee benefits. It’s designed to make sure people ...read more
Key numbers to focus on in your business now
October 4, 2022
As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have changed, customer behaviours have mutated and revenue streams have had to evolve and pivot in order ...read more
One-off public holiday – what rules apply?
September 21, 2022
To mark the death of Queen Elizabeth II, there will be a one-off public holiday on Monday, 26 September. What do business owners need to know about this unexpected day off? Here are the most important points: Shop ...read more
Understanding Your Profit and Loss Statement
September 14, 2022
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a ...read more
Don’t trip! GST mistakes to avoid
September 5, 2022
GST can be a thorn in your side but if you understand when it’s due, what to pay, and you make the most of your accounting software, you’ll escape unscathed. Here are four of the most common mistakes ...read more
Should you have received the Cost of Living payment?
September 2, 2022
You may be eligible for the Cost of Living payment – even if it hasn’t arrived in your account. If you earned less than $70,000 between 1 April 2021 and 31 March 2022, you are eligible for the one-off $350 ...read more