Blog
Discover our latest articles, expert tips, and insights to help you manage your finances and grow your business with confidence. 💡
Bright-Line Test and Subdivisions: What you need to know in 2025
Thinking of subdividing your land and selling a section? It might seem like a straightforward process, but from a tax point of view, things can get complicated quickly. If you sell a residential property or even just part of it within a certain time frame, you may...
![How Do I Remove My Tax Agent? A Step-by-Step Guide [2025]](https://bh-accounting.co.nz/wp-content/uploads/2025/04/A-professional-office-setting-with-a-client-seated-at-a-desk-interacting-with-a-computer-displaying-the-myIR-portal-400x250.png)
How Do I Remove My Tax Agent? A Step-by-Step Guide [2025]
How do I remove my tax agent? It’s a common question — and the good news is, it’s easier than you think. Whether you’re switching to a new accountant, going DIY this year, or simply not happy with the service you’ve received, removing your tax agent is a...
Donation Tax Credit: How to Maximize Your Savings in 2025
Donation tax credit — sounds good, right? But if you're like most people, you're probably not using it to its full potential. Every year, thousands of dollars are left on the table simply because taxpayers don't realize how much they can actually claim back from their...
Will AI take over accounting jobs ? Future insights 2025
Will AI take over accounting jobs? It’s a question every accountant, bookkeeper, and finance student is asking right now. As automation in accounting accelerates and AI in the accounting industry becomes more common, it’s natural to wonder whether human accountants...
How to become GST registered in New Zealand?
Thinking about getting GST registered but not sure where to start? You’re in the right place. In New Zealand, registering for GST (Goods and Services Tax) isn’t just a box to tick — it can change the way you run your business. Whether you're a freelancer, a sole...
Kiwisaver for self-employed : benefits, contributions and withdrawals
You’re probably busy chasing clients, sorting invoices, and keeping your business running. Retirement planning? Yeah, it often gets thrown in the "later" pile. But here’s the deal: KiwiSaver can seriously boost your future savings — if you know how to use it when...
Non Resident for tax purposes NZ: Are you taxed or not?
Living overseas? Just moved back to New Zealand? Working remotely from another country? At some point, you’ve probably asked yourself if you’re still a tax resident in New Zealand. The answer can change how much tax you owe and where you need to file your income. In...
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...
