Your 31 March Year-End Checklist
Mar 18, 2026
For most NZ businesses, 31 March is the end of the financial year. Getting organised now means a faster turnaround from us — and fewer surprises in your tax bill.
Reconcile everything
Make sure your bank accounts, credit cards, and loan balances are reconciled to 31 March. Discrepancies are far easier to sort now than months down the track.
Review your debtors
Are there invoices that genuinely won't be paid? Bad debts written off before balance date may be tax-deductible. Don't leave them sitting on the books.
Stocktake
If your business holds inventory, a physical stocktake is required at 31 March. Stock that's dropped below cost can be written down — reducing your taxable income.
Fixed assets
Let us know about any equipment, vehicles, or fitout purchased or disposed of during the year. Depreciation is often under-claimed.
Home office and vehicle costs
Pull together your logbooks, floor area calculations, and utility bills if you use your home or personal vehicle for business. These deductions are legitimate and worth claiming correctly.
Provisional tax
Check whether your final instalment is on track. Underpaying means use-of-money interest; overpaying ties up your cash unnecessarily.
The sooner you send us your records, the sooner we can spot any planning opportunities before they close. Get in touch if you'd like to talk through your year-end position.
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