If you sell a residential property in New Zealand within a specific period, you are required to pay income tax on any profits unless the property is your primary residence or another exemption applies.

While registered companies can freely employ family members, sole traders must seek approval from the Inland Revenue if they wish to bring their spouse or partner into the business.

We explore the implications of new legislation on GST, information collection, and the responsibilities of platform operators. Learn how these changes impact businesses and individuals in the platform economy and gain insights into how accountants can adapt to best serve their clients in this evolving landscape.

We want to shed some light on the Research and Development (R&D) Tax Incentive in New Zealand and help you determine whether your business is eligible to take advantage of this fantastic opportunity.

In this blog post, we'll delve into the key updates introduced by the Public Act 2023 No 5 and how they might affect your operations.

As a small business owner in New Zealand, you have a unique advantage when it comes to taxes. Owning a small business opens up a world of opportunities for tax savings and wealth creation. In this blog post, we will walk you through the key aspects of how tax works for small businesses in New Zealand, highlighting the benefits and strategies you can utilise to maximise your tax savings.

Late income tax payments can lead to penalties, interest charges, and unnecessary stress for businesses and individuals in New Zealand. By utilizing tax pooling, Accountech Chartered Accountants and their clients can avoid these financial burdens and gain additional flexibility in managing their tax obligations. With TMNZ as a trusted intermediary, the process becomes even more efficient, providing peace of mind and saving both time and money. Choose tax pooling as a smart solution and let Accountech help you navigate the complexities of the New Zealand tax system.

As a sole trader in New Zealand, finding the right accounting software is crucial for managing your finances efficiently. While Xero is a popular choice, there are several other alternatives worth considering. In this article, we'll explore the top Xero alternatives for sole traders in New Zealand, along with user reviews and information on popular invoicing apps.

If you are tired of the traditional approach to calculating and paying your provisional tax, it's time to explore an alternative method that aligns your tax obligations more accurately with your actual income.