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News & Views

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GST 101 - common claiming mistakes

New Zealand’s Goods and Services Tax (GST) system is often praised for being a simple broad-based tax. But this doesn’t mean mistakes don’t happen. We outline some of common ones.  

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FBT – does it function well as intended?

A recent Inland Revenue report found that although FBT is performing its task of taxing non-cash benefits and hence supports the tax system, it was inconclusive as to whether FBT functions well. We explore this further.

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Rollover relief for close relationship transfers

Parents wishing to assist their children with buying residential property should carefully consider the ownership structure and alternate options before settlement. Inland Revenue has issued a draft interpretation regarding bright-line application in family and close relationship transactions.

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How to meet your goals during a global slowdown

Are your goals still relevant during a global slowdown? Talk to us about reviewing your goals, finances and business plan, so you’re ready to meet the economic ups and downs.

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New employee perk? Public transport fares

Could your employees benefit from subsidised public transport fares? Fringe benefit tax is soon to be removed from public transport passes, making them a more cost-effective option as an employee perk.

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Key numbers to focus on in your business

What are the key reports to focus on in your business? We'll show you how to track performance, take action and prepare your company for surviving the new business normal.

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Calculating the real cost of employee perks

Rewarding your team with vouchers or trips? Providing a car or a gym membership? FBT can be tricky, so make sure you’re calculating the true cost of employee perks.

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Retain your talent through profit sharing

Retain staff and attract new talent with profit sharing – it’s a win-win way to incentivise your team and build your business.

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What is JIT and is it dead?

Is just-in-time (JIT) manufacturing dead? We’ll help you breathe new life into your processes and find ways you can save costs and improve cashflow.

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Digital age for cash flow processes

When economic times are tough, it helps to be in control of your cashflow. We explain how to improve your cashflow – and how this helps you run your business through tough times.