Blog
Discover our latest articles, expert tips, and insights to help you manage your finances and grow your business with confidence. 💡
Renting out a room in your house: taxes implications
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 knowing the ins and outs....
Provisional Tax Dates in NZ: Key deadlines you need to know
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 pay in chunks...
Airbnb Taxes in NZ: What Every Host Needs to Know
No Time to Read? Here's a Quick Summary Airbnb taxes in New Zealand are something every host needs to understand, especially if you're earning from short-term rentals. Here's the key stuff you need to know: Report Your Income: Whether you rent out a room or an entire...
MYOB vs Xero: Choosing the Right Accounting Software for Your Business
Choosing between MYOB and Xero for your business accounting? Let’s break down the key differences without the jargon. While both platforms handle essentials like invoicing and payroll, their approaches vary more than you’d expect. We’ll compare features, third-party...
Contractor vs Employees ? What is the best for you ?
Alright, so you're stuck between the choice of hiring contractors or full-time employees for your business. Here's the deal – it’s not just about who’s available and who fits the job. There are serious tax implications, compliance requirements, and cost considerations...
Hnry vs Xero: Which Accounting Software Is Best for Your Business?
Struggling to keep your freelance or small biz finances in check? Picking between hnry and xero isn't just about software - it's about finding your financial sidekick. Let's break down the nitty-gritty differences in tax handling and money management, spotlighting...
Can I claim lunch expenses if I am self employed ?
So, you’ve been grabbing a few bites here and there during work – but can you actually claim that on your taxes? Good news: in some cases, you might just be able to. But, like most things in life, there’s a catch (or a few). Whether you're self-employed or an employee...
Are marketing expenses tax deductible ?
Alright, let’s get down to business. If you're running a company, freelancing, or self-employed, you’re probably wondering if you can claim those marketing expenses as tax-deductible. Good news: in most cases, yes, you can! But, of course, there’s a catch (isn’t there...
Understanding the KM Charge Out Rate in NZ: Rates, Tips & Reimbursement
Alright, let’s talk about the often-overlooked kilometre charge out rate. You’re probably wondering, how much should I actually charge for using my vehicle for work in New Zealand? You’re not alone. Whether you’re self-employed, an employer, or just figuring out how...
Rollover capital gains on property: everything you need to understand
Rollover relief — sounds a bit like tax magic, right? Well, it kind of is. Basically, it lets you move assets around without getting slammed with a huge tax bill right off the bat. So if you're looking to restructure your business or make some savvy property moves,...
Is Christmas party tax deductible ? How to claim your festive expenses
Christmas Party Tax Deductible might sound like a boring subject, but understanding your holiday party expense deduction can actually be a game changer for your business. If you’ve ever wondered how to claim a write‑off for your festive event’s expenditure and reclaim...
Buying a house in Australia from New Zealand: The Complete Guide to help you
No Time to Read? Here's the Quick Version: New Zealand Citizens Can Buy in Australia: No special permission needed. You're treated just like an Australian citizen for property purchases. Mortgage for Kiwis: Yes, you can get a mortgage in Australia, with a typical max...
