by Boris Nignol | Mar 24, 2025 | Business Tax & Compliance
Ever feel like the Goods and Services Tax (GST) system was designed just to mess with your head? You’re not alone. But before your next GST return turns into a late-night panic session, let’s break down one key thing: the GST accounting method you choose actually...
by Boris Nignol | Mar 23, 2025 | Business Tax & Compliance
How much can I claim for home office expenses? If you’ve been working from home, you’ve probably asked yourself this question. And rightfully so – who wouldn’t want to maximize their home office tax deductions? Whether you’re a sole trader or self-employed, the stuff...
by Boris Nignol | Mar 22, 2025 | Business Tax & Compliance
The Small Business Cashflow Scheme (SBC), introduced during the Covid-19 pandemic, has hit a rough patch. According to the Inland Revenue Department (IRD), around 10,000 businesses have defaulted on their loans, leaving over $161 million unpaid. That’s a hefty...
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...
