While Artificial Intelligence (AI) offers powerful tools for business efficiency, it is not a reliable substitute for professional, human tax advice. The inherent complexity of tax law, combined with ...

A Practical Guide to the Tax on Supplier Loyalty Rewards

In short, loyalty rewards from suppliers, such as gift cards and products, are considered taxable income by Inland Revenue. Recent guidance ha...

We’ve had a lot of clients ask us recently how they can keep their annual compliance costs down. The good news? A few small habits throughout the year can make a big difference. Here are our top ti...

Would your business still thrive, or would it suffer a catastrophic failure if you suddenly stepped away?

It’s tough to remove yourself from the day-to-day operations when you’re passionate and busy....

How you implement a price increase can make all the difference.

For example, when Netflix increased its prices, their customers didn’t like it, but the majority stayed on. Why? They timed it. Netflix...

Having a diverse and inclusive workforce isn’t just about displaying the best values as a business – it also makes good business sense for your company to be diverse.

Let’s look at the positive benef...

Why You Should Consider CoverPlus Extra

When you’re self-employed or earning a shareholder salary, ACC (Accident Compensation Corporation) cover works a little differently than it does for employees....

From the 2026–27 income year, a new tax exemption will apply for individuals who sell excess residential electricity back to the grid – most commonly from solar panels installed on their homes.

What’...

You’re not trying to deceive anyone. You just want to stand out in a crowded market. But under the Fair Trading Act, even well-meaning marketing can land you in hot water with the Commerce Commission ...

For many Kiwi small business owners, putting your property and assets into a family trust has been a key way to protect their personal wealth and the future prosperity of their family.

But the curren...

Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t real...

At a time where cashflow is tight and the economic outlook is less than rosy, it’s important to look for any possible way of saving money and reducing your tax bill.

Claiming your business expenses i...