by Boris Nignol | Mar 21, 2025 | Business Tax & Compliance
Ah, Fringe Benefit Tax (FBT)—the employer’s favorite topic… said no one ever. But if your business has a work-related vehicle, you need to understand the rules, or Inland Revenue (IRD) might come knocking. FBT applies when a company fleet is used for personal use of a...
by Boris Nignol | Mar 20, 2025 | Accounting & Financial Management
Quick Summary: Self-employed maternity pay is available in New Zealand, but it’s not automatic like for employees. To qualify, you must: Meet the eligibility criteria set by Inland Revenue (IRD). Fill out the IRD maternity leave forms (IR880 and IR881). Prove your...
by Boris Nignol | Mar 19, 2025 | Business Structures & Legal Entities
No Time to Read? Here’s the Quick Breakdown: What is a Professional Trustee?A professional trustee is an expert, typically an individual or corporate entity, appointed to manage a trust in accordance with legal and fiduciary obligations. They are responsible for...
by Boris Nignol | Mar 18, 2025 | Property & Rental Income Tax
So, you’re thinking about renting out a room in your house? Sweet, extra income coming your way! But before you start counting those dollars, let’s talk taxes. I know, I know—tax stuff isn’t the most exciting topic, but trust me, it’s worth...
by Boris Nignol | Mar 17, 2025 | Accounting & Financial Management
Provisional tax—yeah, it’s a thing. And if you’re in business or earning beyond a certain threshold, you’re probably on the hook for it. It’s basically the IRD’s way of making sure you’re not hit with a giant tax bill at the end of the year. Instead, you...
