Blog
Practical insights for NZ business.
Tips on tax, accounting and running a better business — written by our team.
Using Tax Pooling for Short-Paid Tax
Tax pooling may help reduce penalties and interest when provisional or terminal tax has been short paid.
What to Do If You Can’t Pay Your Tax on Time
If you cannot pay tax on time, filing early and arranging payments with IRD can help reduce penalties and stress.
Buying vs Leasing a Business Vehicle
Buying and leasing vehicles can affect GST, tax deductions, cashflow, and finance decisions differently.
Reducing FBT on Company Vehicles
Vehicle cost, private-use availability, and employee contributions can all reduce company car FBT.
Motor Vehicles and Private Use
Business vehicles used privately can trigger tax adjustments, GST apportionment, or FBT obligations.
FBT Exemptions for Employee Rewards
Some employee rewards and benefits may be exempt from FBT while still being deductible business expenses.
Using the 63-Day Rule for Holiday Pay and Bonuses
The 63-day rule may help reduce current-year tax by claiming eligible accrued payments after year-end
Selling Assets and Vehicle Trade-Ins
Trade-in values, depreciation recovered, and discounts can all affect your year-end tax position.
Prepaying Expenses to Reduce Year-End Tax
Prepaying certain expenses before year-end may help reduce taxable profit and improve short-term cashflow.
How Inventory Affects Your Year-End Tax
Inventory can affect your taxable profit, cashflow, and year-end tax bill. Here’s why stock value matters.
Tax Minimisation is Legal
Legal tax minimisation can improve cashflow, but it is important to understand the line between tax planning, avoidance, and evasion.