Blog
Discover our latest articles, expert tips, and insights to help you manage your finances and grow your business with confidence. 💡
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...
Costs of winding up a Trust: Fees, steps & savings tips
Thinking about the costs of winding up a Trust? You’re not alone. Whether you're a trustee trying to do things by the book, you have an non-active Trust or a beneficiary wondering where the money's going, it’s natural to ask: how much is this going to cost me? In this...
Overseas travel expenses: What’s tax-deductible in NZ?
Thinking of claiming overseas travel expenses on your next business trip? You’re not alone — and yes, tax-deductible travel expenses can be a great way to reduce your tax bill… if you know what you’re doing. But here’s the catch: the IRD won’t just hand over...
Absenteeism in the workplace: What’s really going on?
Let’s be real—employee absenteeism is more than just a few people calling in sick. When no-shows become routine, and unplanned leave starts piling up, it hits hard: workplace productivity drops, staff morale takes a dive, and suddenly your whole team’s rhythm is off....