Insights & News
Economic Relief Packages Released by the New Zealand Government in Response to COVID-19
The New Zealand government has worked hard towards releasing certain economic packages to help businesses in and around New Zealand to sustain themselves and to help in balancing the economic distress and the financial strain the country is currently experiencing as a...
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What is the Wage Subsidy Scheme Developed by the Government and How Can You Apply for it?
What is the Wage Subsidy Scheme? Last week, finance minister Grant Robertson announced a wage subsidy scheme which will be available for all employers that have been significantly impacted by COVID-19. A few updates have been made to the scheme since it was announced...
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Working From Home: Here’s How to Make it ‘Work’
With the outbreak of COVID-19 internationally, and a lockdown ensuing March, 25th 2020, businesses around New Zealand, will have no option but to work from home. It’s key at this point in time to activate the social distancing measures laid out by the government to...
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Upcoming Tax Changes In The Wake of COVID-19
The Government has just announced a $12.1 billion dollar response package in the wake of the Coronovirus pandemic with the economic implications it’s slated to have. As part of this package, the government has also announced tax changes that are designed to help small...
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Your Checklist to Keep Tax Time Low Stress
The tax season is just around the corner and we all know how gruelling it can be sometimes. With a lot of businesses running around till the last minute to get their paperwork in place, this period can get extremely stressful. Keeping that in mind here are few things...
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The New Kilometre Rate for Claiming Motor Vehicle Expenses
Are you an employee who frequently uses his/ her car for business expenses? We’re going to be outlining the process for claiming tax on your work vehicle expenses. Here are some important points which you need to consider: If you’re using a vehicle for business...
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Are You a New Zealand Tax Resident? Why Is It Important To Know
Why is it important? Like most other countries, one of the ways that New Zealand imposes tax is by the concept Tax Residency. It means that all New Zealand tax residents are liable to pay tax to the Inland Revenue Department (IRD) on their worldwide income. Your...
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Benefits of using a Chartered Accountant
Chartered Accountant (CA) is a prestigious professional designation that recognised around the world. There are strict requirements to become a member. Being a Chartered Accountant means that someone has completed a significant amount of study and work experience,...
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Tax Types you need to know if you’re a business owner
Taxation is usually a complex subject. So, as part of our New Years present to all of you, we thought we could simplify the different tax types. Some of the most common taxes are as follows: Income Tax Income tax is payable on profits for businesses and on personal...
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