Accounting & Tax

A white shirt and black business jacket on a hanger

Can you claim clothing as a business expense?

Buying clothing for work can be expensive, whether that’s smart shirts or steel toecap boots. You only buy these clothes for your job, so it feels as though they should be business expenses, right? Not so fast…

An apartment building with many windows.

Can you claim depreciation on your building?

Which buildings can you claim depreciation on? Inland Revenue has released a fact sheet setting out more information about which buildings can claim tax advantages – which could be worth many thousands of dollars.

The dashboard of a car at night showing the speedometer and the fuel gauge.

It’s now over $11,500 a year to run your vehicle

Inland Revenue’s new rates calculate that cars cost 83 cents per kilometre to run – or over $11,500 each year. Are you running your car through your business or offering company cars as a perk for employees? Talk to us about tax.

What does Budget 2022 mean for you?

How will Budget 2022 impact Kiwi households, small businesses and first home buyers? We take a quick look at the highlights and what funding you might be eligible for.

#budget2022 #NZbudget

A businesswoman with notes and a pen sitting at a coffee table explaining something.

Does New Zealand really have no capital gains tax?

Should New Zealand have a capital gains tax – or does it effectively have one already? We look at what gains you’ll pay tax on, and what gains are tax-free.

Which new tax changes will affect you and your business?

With over 100 tax changes coming into effect in April, there’s sure to be something that will have an impact on you or your business. Take a look at our summary of the 13 most influential areas of change.

A notebook on a pink calendar, and dice that spell out TAX TIME

Reminder: End-of-year tax is due on April 7

Terminal tax is due on 7 April. If you’re feeling the cashflow pinch, don’t just ignore your tax bill – there are plenty of options designed to ease your stress, and we can help.

#taxadvice

Five people in snow gear standing at the top of a mountain.

Six ways to stay on top of tax this year end

2021 was a funny old year, right? Freshen up on relevant tax information you may have missed, check you have it all together so there are no unwanted surprises at the end of the tax year.

A spread of New Zealand cash notes in various amounts.

Minimum Wage Increase from 1 April 2022

Minimum wage is to increase by $1.20, bringing it to $21.20 per hour, has been announced for 1 April by the government today (11/02/2022). The starting-out and training minimum wage will also increase from $16 to $16.96 per hour. It comes after inflation hit its highest level in 30 years, with an annual rate of…

A letterboard sign with letters spelling out Small Business

Making sure your new business finances are in order

Do you know your P&L from your balance sheet? If not, we’ll get your startup up to speed on all the basics of company accounting.
#businessadvice #startup