From 1 January 2024, online marketplaces must disclose information about sellers and transactions on their platforms. This makes income earned on digital platforms (also called the sharing and gig economy) more transparent to Inland Revenue if you earn income for services such as: – providing short-stay accommodation – providing ride-sharing services for a fare – […]
Tax on Online marketplaces Read More »
Understanding ACC Cover Plus Extra – how it works and who is eligible.
Understanding ACC CoverPlus Extra: How it works and who is eligible Read More »
Are you heading away for a break from the business this year? This time of year can be hard on small business. Your expenses continue and your cashflow can suffer when your debtors go on holiday. Leading up to the holiday period, is your business cash flow in good health to carry you through? With
Holiday cashflow for your small business Read More »
Love it or loathe it, Black Friday and Cyber Monday (BFCM) sales are mere days away with some retailers starting their sale period early. While it’s tempting to jump on the bandwagon and discount everything in sight, you’ll need a solid BFCM discounting strategy. Think about: The following discount strategies are designed to make your
Can ‘Black Friday thinking’ hurt your business? Read More »
Even in tough times, it’s vital to manage your tax affairs to stay on Inland Revenue’s good side. Here’s what you can do.
What you can do to stay in Inland Revenue’s good books Read More »
Let’s look beyond the numbers by taking a holistic approach to your business health. By looking at few factors you can identify areas of strength and uncover opportunities you may have previously overlooked.
How Healthy is your Business? Read More »
Tax Pooling can provide a better interest rate and a more flexible way of paying tax without having to worry about penalties. Tax pooling will work for you if you’ve missed payments or if you’re making payments. Talk to us to find out more.
Why tax pooling is a flexible way to pay tax Read More »
Here are some key factors to think about this new financial year. 1. Higher income? Don’t forget provisional tax! 2022-23 was the first year in a while without Covid lockdowns or pandemic restrictions, meaning most businesses, especially those in the leisure or tourism sectors, enjoyed a better year. If you’ve earned significantly more this year than
6 Things to Consider This New Financial Year Read More »
If you have been affected by the extreme weather, IR still want you to let them know when you reasonably can. There is also industry support available through Dairy NZ, Hospitality NZ, Restaurant NZ, Retail NZ, and our local business and growers associations.
What are your tax obligations if you’ve been affected by the weather? Read More »
The new rules on GST invoicing applying from 1 April 2023 may change your practice for GST invoices, including what records you keep.
GST invoicing updates – What information do I need to keep? Read More »
