(Tax relief NZ – 5 minute read) Times are tough for business owners in NZ. Inflation hasn’t slowed down to an ideal level and the cost of living crisis continues to impact profit margins. This means that some business owners have had to dip into their cash reserves set aside for taxes to make ends
Kia ora NZ Accounting fans! With the new budget 2024 announced last week by the government, the big question on everyone’s mind is: How much will I have to pay in taxes? Over at The Comic Accountant, we’ve gone through all the official releases and have prepared a nice summary for you. Here’s our take
Hi NZ accounting fans! Let’s talk about cash jobs. Also known as ‘cashies’ in the Kiwi vernacular. If you’re a small business owner, I’m sure you’ve heard of ‘cashies’. Especially if you’re a builder or have dealt with tradespeople. Cash payments are when an individual/business owner insists on receiving a cash payment for a job
(NZ small business tax tips 2024 – 5 minute read) Kia ora again Aotearoa! The financial year is coming up soon! As we come into the new financial year of FY2025 (which starts on 1 April 2024), let’s take a look at some tax related issues that will affect NZ small businesses in the new