The Low-Value Asset Threshold for Depreciation after March 16 2021.

Office Furniture

The temporary increase to $5,000 for the low-value asset threshold for depreciation ended on March 16th This means if you bought something before the 16th of March 2021, you could write off the whole amount against your taxable income this year. Depreciation spreads the cost of assets that you buy for […]

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Tax Pooling and Provisional Tax

tax pooling provisional tax nz

Provisional tax payment dates do not always fall at a convenient time. There are always competing cash flow pressures and other business expenses to consider. Through tax pooling, you can gain full control over when and how you pay provisional tax and save money in the process. Firstly, how does it […]

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Xero Multi-Factor Authentication (MFA)

Xero MFA

By now, Xero users in NZ will be familiar with the additional security measures on your Xero account since Multi-factor authentication (or MFA) has been applied.  It is not as daunting as it sounds as it takes a few extra minutes for the initial setup and then each time you log […]

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