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5 min read

Inland Revenue Target Real Estate Expense Claims

Recently Inland Revenue have started a Real Estate Sector Campaign to investigate the level of expenses agents are claiming against their income. Expenses that are directly related to your business include real estate licenses, advertising and marketing, ACC, wages and accountancy. Other expenditure relating to training conferences and seminars relating...
5 min read

How does NZ Provisional Tax work?

Did you pay more than $5,000.00 in Terminal Tax with your last income tax return? If so, you may have to pay Provisional Tax for the following year. This is due to the threshold that triggers Provisional Tax requirements, which is currently set at $5,000. Provisional Tax is like...
5 min read

Provisional Tax: What You Need To Know

What is Provisional Tax? Provisional tax is income tax paid in advance of the end of the financial year, or paid as you go. And, it’s important to get it right. We’ll help work out what’s best for you and your business. If you are an employee, your employer sorts...