Cryptobusiness tax NZ – What businesses need to know

(cryptobusiness tax – 3 minute read) Hi there accounting fans! In our last article, we talked about how cryptoasset income is determined for individual tax payers. In today’s article we are going to talk about tax for cryptobusinesses – that is businesses that buy/sell/trade/are paid in cryptoassets. What is a cryptobusiness? A cryptobusiness , or

Income tax splitting – everything that you need to know

(tax splitting – 5 minute read) Hi there accounting fans! Hot on the heels of our last article on Shareholder Salaries, this time we are going to talk about income tax splitting for companies! Remember how with shareholder salaries, you can effectively split the income between your company and yourself as an individual. This means