Blog
Discover our latest articles, expert tips, and insights to help you manage your finances and grow your business with confidence. 💡
Cash Gifts to Employees NZ: Tax & Compliance Essentials
Are you considering cash gifts to employees NZ to boost morale and recognize your team's efforts? In today's competitive business landscape, offering employee cash bonuses NZ can transform payroll into powerful incentive programs. From performance bonuses to holiday...
Non-Active Trusts: Tax Rules, Compliance and Filing Requirements
Let’s talk about Non-Active Trusts in New Zealand. If you’ve got a trust but it’s just sitting there, not earning income, you might be wondering—do I still have to file a tax return? Great news: maybe not! If your trust meets the Inland Revenue (IRD) criteria, it...
Do I need to declare my AirBnB icome ?
No Time to Read? Here’s What You Need to Know If you’re short on time, here’s a quick breakdown of the key takeaways from this guide on Airbnb income tax in New Zealand: Yes, you must declare Airbnb income—even if it’s just a few weekends a year. The IRD considers all...
What is a look through company ?
If you’re scratching your head wondering what the heck a Look-Through Company (LTC) is and how it might help you keep more of your hard-earned cash, you’re in the right place. In New Zealand, LTCs have become a popular option for savvy investors and business owners...
Can you deduct life insurance premiums as a business expense ?
Can you really deduct life insurance premiums as a business expense? If you’ve ever stared at your tax forms wondering if you could claim that hefty premium as a write-off, you’re in the right place. I know—it sounds like one of those convoluted tax myths that only...
How to find an accountant for small business ?
Finding the right accountant for your small business isn’t just about crunching numbers—it’s about making sure your business stays profitable, compliant, and stress-free when tax season hits. A good accountant can save you thousands, while the wrong one? A total...
How much does a personal tax accountant cost ?
Hiring a personal tax accountant in New Zealand can be a smart move to manage your taxes effectively. But how much does it actually cost? The answer depends on several factors—your financial situation, the services you need, and even how early you book your...
Can I get a loan to start my own business ?
What Is a Startup Loan? A startup loan is money borrowed to get your business off the ground. Whether it’s for renting office space, buying stock, or paying staff, a loan can give you the financial boost you need to start strong. 💡 But here’s the catch: Banks and...
How to update your bank account in IRD ? A step-by-step guide.
Keeping your bank details up to date with IRD is crucial—especially if you’re expecting a tax refund, Working for Families payments, or business credits. If your old bank account is still on file, your money could end up in the wrong place (or delayed). The good news?...
How to set up a family trust account ?
Thinking about setting up a family trust in New Zealand? You’re not alone. Many Kiwis use trusts to protect assets, manage wealth, and plan for the future—but getting it right is crucial. A family trust isn’t just for the wealthy. It can help safeguard property,...
Can you claim GST on residential property expenses ?
No Time to Read? Here’s the Key Takeaways Pressed for time? No worries! Here’s a quick summary of everything you need to know about claiming GST on residential property expenses in New Zealand. ✅ When Can You Claim GST? You can claim GST on residential property...
Can I claim accountant fees on tax return ?
Did you know that some of the fees you pay to your accountant might be tax-deductible in New Zealand? These professional fees may be considered an allowable expense, depending on their purpose and how they relate to your income. If you incurred costs for tax...
