There are 2 options when it comes to claiming motor vehicle costs for your business. Whichever you decide to use, you need to complete a logbook to calculate what your business portion of mileage is. Firstly we have
Motor Vehicle Expense claims

There are 2 options when it comes to claiming motor vehicle costs for your business. Whichever you decide to use, you need to complete a logbook to calculate what your business portion of mileage is. Firstly we have
Repairs and maintenance is a common and necessary activity undertaken by business and property owners. The nature of the activity means that it could be regular as part of an ongoing maintenance programme, intermittent, or just a one-off.Â
Entertainment is an important part of business. It may be building up business relationships with existing or potential clients or keeping staff happy and if it’s related to helping you earn income then it may be either partly
Contracting has been a hot topic this year with changes to the tax requirements for some contractors. We are commonly asked about expenses, GST and income tax for contractors, the summary below will give you an overview. We
While artificial intelligence can replace any skill that’s routine or extremely complex, AI can’t replace social skills such as persuasion, empathy, character, or teaching. It is not very good at things we humans find simple and don’t think
If you are using Xero then is a simple matter to set up a bank rule that calculates from your bank payment received the amount of contracting income, GST and tax withheld. Here is a link to adding
Great day representing Laurenson Chartered Accountants as a guest judge for the Wellington heats of the regional Dragons Den competition!Laurenson CA was proud to be a contributor to such an important community/youth development project – helping to identify
As any small business owner knows, getting paid on time and maintaining a healthy cash flow are key for the survival of a business. According to a recent survey*, 62% of small businesses don’t think they could survive