Myths of the financial end of year Plus CA 3/22/2019 9:31:00 AM 0 Comments View Count 1011 Soon, we'll be at the end of another financial year. There's a few myths I'm hearing that seem to crop up every year. [Read the rest of this article...]
Capital gains tax a game changer Plus CA 2/18/2019 1:53:00 PM 0 Comments View Count 1170 It's not often that tax is a big talking point. But at the moment, whether it's National promising to link the tax brackets to inflation, to reduce bracket creep, or the Tax Working Group being expected to recommend a capital gains tax, tax seems to be everywhere you look. [Read the rest of this article...]
Make tax a lot easier for businesses Plus CA 8/22/2018 9:49:00 AM 0 Comments View Count 376 Inland Revenue research suggests that the average self-employed worker hides about 20 per cent of income from the tax man. [Read the rest of this article...]
Depreciation can have big effect on tax Plus CA 7/18/2018 9:35:00 AM 0 Comments View Count 557 Depreciation is a line in the financial statements that's not talked about too often. [Read the rest of this article...]
New system means delays to IRD online Plus CA 7/13/2018 8:52:00 AM 0 Comments View Count 572 A new system launched at the end of the financial year, a new parental payment system that's having to be manually processed ... all at the what we know is always going to be the busiest time of the year. [Read the rest of this article...]
Can you live up to tax scrutiny? Plus CA 5/21/2018 8:44:00 AM 0 Comments View Count 464 If you're in the hospitality industry, you could be in for a visit from the taxman as part of their focus on the hidden economy. The IRD is looking at targeting the hospitality and food industry to identify undeclared income and address the high number of overdue returns and payments. We've already seen the department doing high-profile work with tradespeople. While the IRD has some useful information on its website and recommends having good systems in place, there is... [Read the rest of this article...]
Making tax season a bit less taxing Plus CA 4/3/2018 9:41:00 AM 0 Comments View Count 497 With the end of the tax year just around the corner, it's time to get end of year stuff together for your accountant or tax agent to prepare your tax accounts. If you haven't seen your accountant yet, here are some helpful hints. Don't despair — do the questionnaire. Your accountant usually will send you an end-of-year questionnaire to prompt you for information and copies of documents. They're designed to help collect information to minimise tax. Make an appoint... [Read the rest of this article...]
Are you owed a tax refund? Plus CA 3/13/2018 8:49:00 AM 0 Comments View Count 690 Is there money waiting for you? It's coming up to the end of the tax year, which means there's a looming opportunity to claim for another 12 months' worth of overpaid tax. [Read the rest of this article...]
Quashing accounting myths Plus CA 3/6/2018 8:41:00 AM 0 Comments View Count 609 April 1 is the beginning of the new financial year but it's also April Fools' Day. [Read the rest of this article...]
Special tax code can give refunds early Plus CA 2/28/2018 8:42:00 AM 0 Comments View Count 782 What if you could get a tax refund each time you got paid your wages/salary or super? [Read the rest of this article...]