Insights & News
REMINDER: Rental losses ring- fenced from 2019/2020 tax year
The new law on ring-fencing rental losses is now in force, which means: In most cases ring-fenced deductions will be carried forward and can only be used against residential rental or sale of property income in future years. Property investors will, in most cases, no...
read more
Getting holiday pay right
Do you have staff taking leave over Christmas? Are systems in place to make sure everyone gets what they’re entitled to? Even if someone else handles your payroll, you are responsible for making sure holiday pay and leave payments are handled correctly. Remember:...
read more
Five simple ways to finish the year feeling relaxed (not rushed!)
Is less stress at the top of your Christmas list? For the sake of your sanity and the best interests of your business, follow these steps to remain calm and collected as the year comes to a close. Outsource! Look at everything you need to do before 25th Is it doable...
read more
Partnership with Tax Management New Zealand Limited
Tax pooling: Provisional tax payment flexibility JZR Accountants & Consultants is pleased to announce a partnership with Tax Management NZ that will enable our clients to pay provisional tax when it suits them, not when IRD says so. Having to pay on dates set by...
read more
Payday filing for all employers
Payday filing for all employers 0 Comments From 1 April 2019, payday filing will be compulsory for all employers. Payday filing means you need to: File employment information every payday instead of an Employer monthly schedule (IR348) at the 20th of the following...
read more
Ring-fencing of rental losses
Ring-fencing of rental losses 0 Comments Residential Rental Properties: Tax Changes The Taxation (Annual Rates for 2019–20, GST Offshore Supplier Registration, and Remedial Matters) Bill was introduced into parliament late last year and is currently in the select...
read more
Airbnb usually a tax case on its own
Airbnb usually a tax case on its own 0 Comments If you use Airbnb to provide short-term accommodation in your house in which you also live, the IRD’s “mixed-use asset (holiday home)” rules don’t apply and guests are not classed as boarders. Except when you list a...
read more
Capital Gains Tax Update
Capital Gains Tax Update 0 Comments The Tax Working Group in its final report released today is recommending a broad extension of taxing capital gains, and consideration of environmental taxes, changes to personal income tax thresholds, retirement savings, and...
read more
Checklist: Can your business survive the holiday period?
Checklist: Can your business survive the holiday period? 0 Comments While the Christmas/New Year period is traditionally a slow time of year for business, you still need to meet your expenses. Ensure your bases are covered before you clock off for the year. Plan...
read more