Tax returns can feel overwhelming! If you don’t know what you’re looking at, they are appear to be full of of numbers, jargon, and confusing schedules. But getting a clear picture of what your return is telling you is key to staying on top of your obligations and planning ahead. We’ve broken down the parts of a tax return below and what each area means.

The new Investment Boost scheme lets you claim 20% of a new asset’s cost upfront as a tax deduction. It’s a great timing benefit, but not a reason to spend just for tax savings. In this blog, we break down how it works, what qualifies, and whether buying new really makes sense over second-hand.

One of the most common misconceptions we see among business owners is the idea that spending more helps reduce their tax bill.

But here’s the thing - spending $1 to save ~33c in tax still costs you 67c.

Tax savings are great if you need to spend the money anyway, but spending for the sake of a deduction? That’s rarely a smart move. In this blog we break down why that’s the case.

This post acts as a simple guide on what records you need to keep when updating company directors or shareholders with the Companies Office plus explains why the paperwork matters.

When an employee is injured at work, it is crucial for employers to understand their responsibilities, particularly in relation to the Accident Compensation Corporation (ACC) and how to effectively communicate and manage the situation.

Building a brand takes time, effort, and investment. Whether you’re a startup, an established business, or launching a new product, protecting your brand should be a key consideration. One way to safeguard your business identity is through trademarking. But when should you apply for a trademark, and when can you use the TM symbol next to your name? We break it down in this post.

Cash flow is the lifeblood of any business, and having a clear understanding of your cash position is crucial for making informed financial decisions. Xero’s cash graph and cash reporting tools provide small business owners with valuable insights into their financial health. If you’re not already using these features, here’s why they’re worth exploring.

If your business hasn't performed as well this year, there's a silver lining: you might not need to pay as much in your third provisional tax instalment due on 7 May. However, to adjust your payment safely and avoid any potential interest or penalties from Inland Revenue (IRD), it's crucial to review your financials and calculate the correct amount of tax to pay (if any) promptly.

For small businesses in New Zealand engaging in international trade, understanding how Goods and Services Tax (GST) applies to imports and zero-rated sales is crucial. Whether you’re buying goods from overseas suppliers or selling to customers outside New Zealand, navigating GST correctly ensures compliance and optimizes cash flow.