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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.
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.
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.