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 »
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 »
As a general rule, if you provide entertainment for your team or clients, some of your business entertainment expenses are tax deductible. Download the guide to entertainment expenses.
Entertainment Expenses – Income Tax and GST Read More »
GST changes are coming in 2023, designed to support e-invoicing and electronic record keeping. All businesses need to be aware of the changes to ensure their business processes can manage the new requirements. New rules modernising GST invoicing and record-keeping requirements will apply from 1 April 2023. The key change is removing the requirement to
GST invoicing changes are coming Read More »
Most GST errors are unintentional. Even so, they can have a big impact on your business as they may result in you paying too much, or not enough, GST. Whether you file the GST return yourself or whether you use our services, it’s useful to understand some of the most common errors that can happen.
Common GST errors will impact your business Read More »
