Bean Blog | End of Financial Year Tax Time Guide

End of Financial Year Tax Time Guide

March 18, 2024

The 2024 tax year-end is approaching! Ensure a smooth transition for your New Zealand business with our essential guide. Discover last minute tax tips, checklists, and tax changes coming to maximise deductions, save tax and set your business up for success for FY25. Don’t let tax season stress you out – let our guide empower you for a successful year-end!

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Christmas Parties and Presents on a Budget

Christmas parties and presents on a budget

December 1, 2020

It’s been a financial rollercoaster of a year for most Kiwi businesses. Christmas time invites us to pause and celebrate what’s gone right and to thank the people we have […]

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The Ultimate Guide to Entertainment Expenses in 2019 - Giles & Liew Chartered Accountants

The ultimate guide to entertainment expenses

December 17, 2019

Explore the intricacies of tax-deductible entertainment expenses in our comprehensive guide. From corporate events to deductibility rules, navigate with confidence.

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Selling Land Tax Implications - Giles & Liew Chartered Accountants

Beware of the taxman when you sell your land

August 13, 2019

Did you buy land with the intention to sell?

If you bought land with the intention to sell, expect to pay tax on the profits. It doesn’t matter how long you own the property prior to sale, the intention test overrides other land taxing provisions including the bright-line test for residential land. There are, however, exclusions for the family home and for business premises.

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Ring-Fencing Residential Tax Losses - Giles & Liew Chartered Accountants

Ring-fencing rental losses

February 18, 2019

When will ring-fencing of rental losses apply from? The Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration, and Remedial Matters) Bill, introduced 5 December and currently open for submissions, […]

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Business Structuring and Tax Planning Solutions Auckland Chartered Accountants

Business Structuring & Tax Planning

February 18, 2019

Ensuring your business and personal affairs are structured into the appropriate legal structures is an essential and ongoing exercise. Appropriate tax planning lets you know how much tax you have […]

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Payday Filing Online Accounting Solutions for forward thinking businesses - Giles & Liew Chartered Accountants

Payday Filing

February 17, 2019

When does payday filing begin? Currently you can voluntarily choose to payday file instead of filing an Employer Monthly Schedule (IR348) every month.  However, the much-anticipated payday filing regime kicks […]

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IRD Updates - Giles & Liew Chartered Accountants

IRD Updates – February 2018

February 27, 2018

IRD into Stage Two of Business Transformation
The IRD has been working hard to be easier to do business with. It’s new tax system is currently kicking in, giving you new and simpler ways to manager your GST obligations through myIR.
Enhancements include the traceability of GST transfers and Notifications and Alerts sent when there is something for you to do in your myIR account.

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Bright-Line period to be extended to five years - Giles & Liew Chartered Accountants

Bright-line Period to be Extended to Five Years

February 27, 2018

The Minister of Revenue has confirmed the bright-line test on residential property sales will be extended from two years to five years. At present, income tax must be paid on […]

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Accountants in Auckland - Giles & Liew Chartered Accountants

Paying employees and contractors over the holiday period

December 19, 2017

The holiday season is a time for rest and celebration, but don’t forget about your payroll obligations! This article provides tips for ensuring a smooth holiday period for both you and your employees/contractors. Learn about planning payments in advance and automating them for a stress-free break.

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