ACC CoverPlus Extra

There are some very real advantages of using CoverPlus Extra instead of the ordinary ACC cover. One of the main ones is that you can insure for a specified amount so if you have a claim, it will not depend on the actual performance of your business. The premiums for CoverPlus Extra are higher than for ordinary cover. If you are using CoverPlus Extra, be careful.
read more

IRD refunds

If the IRD sends you money you’re not entitled to, don’t just assume it’s right. You’re not entitled to keep it. You can get tax refunds in two ways. It can be lodged to your bank account or paid by cheque. Inland Revenue says you have 20 working days to give them back overpaid tax or they’ll penalise you.
read more

Holiday pay in advance

From 1 April 2018 you are able to choose how you tax salaries or wages paid in advance. You will be entitled to treat the payment as a lump sum instead of spreading it week by week as at present. The first way will be quicker, but the tax deductions will be higher.
read more

Interest on short-paid provisional tax

Are you likely to pay more than $60,000 provisional tax per year? If yes, read on:

 

read more

Cryptocurrency and tax

Over the last decade, the use of digital or virtual currencies, known as “cryptocurrencies”, has grown dramatically in popularity. A single piece of Bitcoin is currently valued at over $9,000 NZD.
read more

Dividend stripping

Business structures tend to evolve gradually over time, and many successful commercial operations grow by adding additional companies or trusts on an ad hoc basis, until the resulting structure becomes somewhat unwieldy.
read more

Health in the workplace

How often have you found yourself vowing to improve your health or fitness?
read more

Landlord's Insurance with Pro Sure

We partner with Pro Sure who are reliable for organising Landlord Insurance. 

See the image for a brief description, and visit their website for more information. www.prosure.co.nz

read more
Subscribe to RSS - blogs