How Much Personal Insurance Do You Need?
(personal insurance – 5 minute read) Ah, Insurance. My dad told me that back in the 80s and 90s that insurance salespeople were looked down upon. Insurance was this scummy industry seeking to sell something that you hope you’d never have to use. Fast forward a few decades later and we’ve got all sorts of
Depreciation – what is it all about?
Clients like to ask me this question: ‘So if I buy a car for the business, I can claim the entire $40,000 that I spent on it as an expense right?’ WRONG. I’m sorry my dear client, but you will have to depreciate the amount over the fixed asset’s useful life as it is a
NZ income tax – business vs personal (part 2)
(business tax – 5 minute read) Hi Accounting fans! We’re back with part 2 of the NZ income tax article. In case you missed the first one, you can read all about personal income taxes right here! In the previous article we spoke more about personal income tax. Specifically, looking at the different income types