A hallmark of NZ’s taxation system has long been the absence of a Capital Gains Tax on the sale of property, but is that strictly still the case?
It has its detractors, but is the Government’s tax loss carry-back scheme helping struggling NZ business owners?
Occasionally, tax claims made by small businesses extend into the fanciful, and that can land business owners in hot water with Inland Revenue.
When self-employed or doing contract work as a freelancer, the flow of income often arrives in lump sums, followed by periods of drought.
With the announcement of wage subsidies and other support for businesses impacted by COVID-19, we asked local expert Lynley Averis, owner of AccountAgility NZ, how sole traders and freelancers can apply to receive assistance.
State and federal governments have been unveiling stimulus packages in an attempt to throw their economies a lifeline as the coronavirus pandemic unfolds.
With the announcement of tax breaks and other stimulus available for businesses impacted by COVID-19, we asked local experts what businesses should focus on today to maintain stability.
While Australian bushfire season has devastated the lives of many and continues to do so, there is help on the way for impacted individuals, families and businesses.
There’s a historical stigma about the bookkeeper as some kind of bean counter, but thinking like this may cause you to miss out on the best value information you can glean from your business finances at a very important time of year.