The IRD have recently been looking at tax free allowance limits to employee's who are working from home. They are looking to change the limits from 1 April 2023. This isn't anything new, it's just not that common and again, the rates may increase. From the 1st of April, the IRD are looking to change the limits to $7 for the use of telecommunications plans and equipment. As well as $20 for general expenditure.

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Cheers,
Luke & Phil

We are always testing and learning when it comes to marking and recently discovered these two areas you may not have explored yet. Dont miss the opportunity we are in, this applies to you!

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Cheers,
Luke & Phil

Is now a good time to buy a vehicle? We take you through all of the different options when it comes to purchasing vehicles including operating and finance leases and how they impact your business. Maybe we will see better car deals later in the year?

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Luke & Phil

If you have ever wondered what you can and cant claim when it comes to your home office then this episode is for you and we will take you through the percentage that you can claim. As always check with your accountant about your specific circumstances but if you would like to download our free home office template please feel free to reach out.

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Cheers,
Luke & Phil

If you have a business that has stock this will impact the level of your profit and therefore the tax that you pay. In this episode we will help you understand exactly how stock work and what you need to think about for your year-end stock take.

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Cheers,
Luke & Phil

In this episode we tune in with Angela Strang who has 'retired' by the age of 35.

We ask how the hell that is possible and what it even means!

Angela takes us through the ups and downs of investing in property and what she’s up to now that she’s ‘retired’.

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Luke & Phil

Dont forget that terminal tax is due on 7 April 2023 for tax payable on your 2022 financial year profits. Please check with your accountant or the IRD regarding your obligation.

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Cheers,
Luke & Phil

Kiwi's are paying an extraordinarily high level of tax at present and this is partly due to the new tax rate of 39% for income over $180,000 but it also has a lot to do with bracket creep. In this episode will tell you all about this creep and what you need to understand heading into an election if you earn over $180,000.

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Cheers,
Luke & Phil

In this we will explain to you what bad debts are and give you some practical examples of how they pop up and why you want to consider this for your business to ensure that you're not paying tax on money that you are not going to receive.

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Cheers,
Luke & Phil

Business owners often tell us how important it has been for them to get away from the day-to-day running of the business and get on the same page with their business partners or other stakeholders and also to find the best way that works for them to create some good ideas for the business any more.

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Cheers,
Luke & Phil