Articles and updates

solid-icon3.png

We are recognised as authorities in our specialised fields. We publish newsletters with informed opinions that are free for you to subscribe to.

Everything Kiwi’s need to know about Income Tax Returns
Let’s talk about filing taxes, and before you click off, it’s worth pointing out that this could be the most money-saving five minutes of your year. Filing tax returns and paying income tax can be a bit daunting for many, but this is an essential part of the Kiwi tax system, so it’s important to […]
READ IT
Why sisters are better than parents: How to avoid the dreaded locked-in capital gain
New Zealand has an overwhelming fascination with using Holding Company structures in business.   The Holding Company may be entirely passive or may undertake management services for its subsidiaries. Each subsidiary is likely to operate separate businesses or projects, which is particularly prevalent in the building, construction, infrastructure and IP industry segments but extends to almost […]
READ IT
Don’t always believe what you hear
Recently, in Budget 2024, Inland Revenue (IR) was allocated $116m to tackle tax debt and compliance. The latter focus areas, for at least the 2024 – 2025 financial year, will be: the hidden economy and organised crime; electronic sales suppression tools; GST integrity; student loan overseas-based borrowers; and, increased audit activity. Personally, the last of these five focus areas [...]
READ IT
What tax deductions can you claim as a business owner?
New Zealand has officially entered a recession, and as a business owner, you’re likely feeling the pressure of high inflation and rising borrowing costs. Reducing your tax bill legally and effectively is now more critical than ever. Here’s a guide to help you maximise your tax deductions. 1. File your tax returns on time [...]
READ IT
Understanding GST – A guide to the Goods and Services Tax
What is GST? The Goods and Services Tax (GST) is a consumption tax charged on most goods and services in New Zealand. The current rate is 15%. GST is added to the price of taxable goods and services, and businesses are responsible for collecting this tax from their customers and paying it to the Inland Revenue [...]
READ IT