Insights & News
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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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...
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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:...
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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...
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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...
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