News
Pay-as-you-earn tax, with help from your accounting software
From April 2018, small businesses, sole traders and contractors can choose a new pay-as-you-earn option, rather than paying provisional tax in instalments several times a year. This signals a shift in focus for accountants, freeing them up to help clients make good decisions about their finances and future direction. What's new What: Inland Revenue is introducing the Accounting Income Method (AIM) so your ...
Tax Talk Newsletter Dec 17/Jan 18
Smile: it's good for business - What do Jacinda Ardern, Winston Peters, and Bill English (and John Key before him) have in common? When they see a camera, they almost always smile. Smiling is most important when selling. And like all good sales people, politicians are constantly promoting their product. Here's an example of a winning smile. Jane’s father was dropping her off at ...
Laws that changed in 2017
From contractors’ tax to Easter trading, hazardous substances to ACC levy changes and more, it’s been a big year for business-related law changes. Here’s a summary — check it out to make sure you are across any new rules that apply to you. Each law change section has links to more information. Minimum wage rates rise When: 1 April 2017 What: The adult ...
Claiming expenses when away on business
You can claim for lots of daily expenses when you’re travelling for work. If you take a holiday as part of the same trip, you can only claim for the parts of the trip that were work-related. What you can claim In general, when you’re away from home you can claim for: flights taxis, or mileage if you use your own car for business ...
Smile, it’s good for business
What do Winston Peters, Jacinda Ardern and Bill English (and John Key before him) have in common? When they see a camera, they almost always smile. Smiling is most important when selling. And like all good sales people, politicians are constantly promoting their product. Here's an example of a winning smile. Jane’s father was dropping her off at school. She was ...