Blog
Discover our latest articles, expert tips, and insights to help you manage your finances and grow your business with confidence. 💡
Dividend Withholding Tax NZ: What You Need to Know (2025)
If you’re running a company in New Zealand or receiving dividends from one — especially as a non-resident shareholder — you’ve probably come across the term dividend withholding tax. But what exactly is it, and how does it affect you? In short, dividend withholding...
Tax Pooling: How it works and why it saves you money
Tax pooling is one of those tools most business owners wish they knew about earlier. If you’ve ever missed a provisional tax payment and got slapped with IRD interest or penalties, this could be your lifesaver. Instead of paying IRD directly, you buy tax that someone...
Low Value Assets Threshold NZ: What You Can Claim (2025)
Running a business means spending money on gear — laptops, tools, chairs, shelves, even that coffee machine for the office. But did you know that if the item falls under the low value assets threshold, you can deduct the full cost right away instead of depreciating it...
Imputation Credits : What they are and how they work (2025) ?
If you’ve ever received a dividend in New Zealand and noticed something called imputation credits on your statement, you might have asked yourself — what is this and how does it affect my tax? Put simply, imputation credits are a smart feature of the NZ tax system...
Retain Earnings NZ: What they are and how they work ?
So, you’ve made a profit — now what? Should you take the money out, reinvest it, or just leave it in the business? That’s where retained earnings come into play. In New Zealand, retained earnings are profits that your company chooses to keep instead of distributing as...
MYOB vs QuickBooks vs Xero: Choosing the Best Accounting Software
Drowning in bookkeeping nightmares and not sure which cloud accounting software – MYOB, QuickBooks or Xero – will save your small business? I've spent years testing these platforms across different client businesses, watching the evolution of features like bank feeds...
How to work out travel expenses in NZ ?
Ever asked yourself how to work out travel expenses for your business — and instantly felt overwhelmed? You're not alone. Whether you're a freelancer heading to client meetings, a tradie moving between sites, or a small business owner flying out for a conference,...
Are Vouchers Tax Deductible? IRD Rules Explained (2025)
So, are vouchers tax deductible or not? That’s the kind of question that sounds simple but quickly turns into a rabbit hole if you're trying to stay compliant with IRD. If you’ve ever given out a gift card, petrol voucher, or coffee credit to a client or team member,...
What is Terminal Tax ? Understand it in 5 minutes !
So, what is terminal tax exactly and why does it feel like a surprise bill every April? If you’re self-employed, run a small business, or file your own tax return in New Zealand, chances are you’ve come across the term but never quite understood what it means. Simply...
What does FBT mean ? Simple guide for employers (2025)
So, what does FBT mean exactly? If you’ve been scratching your head over that three-letter acronym, you’re not alone. Fringe Benefit Tax (FBT) often catches business owners off guard—especially when it’s time to account for non-cash employee benefits like company...
Shareholder Salary: How to pay yourself properly in 2025 ?
So, you’re wondering how to pay yourself a shareholder salary without getting on the wrong side of the IRD? You're not alone. Whether you're running a small company or just starting out as a director, understanding the rules around shareholder salary, dividend...
How to write a monthly report ? Step-by-step guide for 2025
Writing a monthly report might sound like a chore—but it doesn't have to be. Whether you’re leading a team, managing projects, or running a business, knowing how to write a monthly report that’s clear, concise, and actionable can make a massive difference. A...
