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Business advice

Should you class your business as a sole trader or a company?

February, 2021

Evaluating the pro and cons of being a sole trader vs being a company to help inform your decision on what makes mo...

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Tax

Feel like you’re paying tax all the time?

February, 2021

It can definitely feel that way for provisional taxpayers, especially in the second year of business.

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Expenses

An expert guide on claiming business expenses

February, 2021

It’s in every business owner’s best interest to track and claim all of their expenses. The higher your expenses, th...

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Tax

6.7% discount on tax!*

February, 2021

In certain circumstances, you can get a 6.7% tax discount from the IRD on your provisional tax.

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Financial literacy

Where did my profit go?

February, 2021

You're looking at your profit and loss statement to your bank balance and back again and wondering where your money...

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Financial literacy

How does a shareholder current account work?

February, 2021

With a company structure, a Shareholder Current Account is a line on the balance sheet. This article shows you how ...

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Tax

How far do we go: tax minimisation vs tax avoidance

February, 2021

Tax minimisation is where we use our best experience, judgement and training to interpret accounting and tax legisl...

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Tax

When does Inland Revenue charge penalties and interest?

February, 2021

You may be wondering if, why, and when the IRD charges interest and penalties. Well, they do have a method to what ...

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Tax

(Not) Paying Tax

February, 2021

Nobody likes paying tax at the best of times, and let’s face it, it hasn’t been the best of times recently.

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