How to pay less tax as a business owner
March 15, 2022
While there may be no way to avoid taxes, understanding how to manage your tax affairs as a business owner will help keep payments to a bare minimum.After many years in public practice accounting, I regularly get asked by business owners how they can pay less to the Inland R...
It has its detractors, but is the Government’s tax loss carry-back scheme helping struggling NZ business owners?One of the responses to COVID-19 from the Government was a new temporary tax loss carry-back scheme.Some cynical commentators felt that the tax part of the SME R...
Claiming Private Expenditure Despite the IRD!
November 18, 2020
Are you a business owner trading via a limited company? Did you know that you can legitimately claim for private goods and services paid for by your company?
Yes you can, and it doesn’t matter what you claim - flights, a hotel bill, a present for your kids (or yourself), a...
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