News & Practice Updates

Business plant and equipment: Buy or lease?

December 9, 2024

Buying vs leasing – which one is best for business equipment and plant? How can you figure out the best choice for your situation? Talk to us to discuss your specific circumstances

Giving gifts to clients (think about the tax)

December 6, 2024

If your to-do list includes planning season’s greetings and gifts to clients, take a moment to remind yourself about the tax treatment. you have income from overseas sources?

Do you have direct debits and online payments set up for your business?

December 3, 2024

Do you have direct debits and online payments set up to make it easy for your customers to pay you? Learn about implementing online payment systems to reduce admin time, and get paid quicker.

Paying wages to your spouse - can you claim a tax deduction?

December 1, 2024

If you’re a sole trader or trade as a partnership, and you employ your spouse (or civil union or de facto partner), be aware of Inland Revenue’s requirements before claiming a tax deduction for those wages.

Xero to acquire and integrate Syft Analytics

October 17, 2024

Xero has announced that it will acquire Syft Analytics by the end of 2024.

Risk Management - how do you know what to insure?

September 6, 2024

Businesses often don’t come to grips with their risk management plan (or the lack of one) till some random accident takes out a key manager or lead hand and it hits everyone what it will mean for the business. A plan will help, but where to start?

Managing tax debt

September 3, 2024

Managing your tax is important and we can help with that. If you run into tax debt, you have options, but you need to act straight away.

Uber court case – implications for employers, employees and contractors

September 1, 2024

With a landmark Employment Court decision, four New Zealand Uber drivers won employment rights. If you are an employer, be aware of the case’s implications for Kiwi businesses.

The perks of tax pooling

August 30, 2024

Keeping cash aside to pay provisional tax can be challenging. Have we talked with you about tax pooling?

Keeping your tax and expenses in check when you are self-employed

August 28, 2024

Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. We can help take the headaches out of your business accounting.

Healthy Homes Standards

August 26, 2024

All rental properties will need to comply with the healthy homes standards by 1 July 2025. Until then, you must make sure that your rental meets the standards within certain time frames.

Budget 2024 taxation changes

July 5, 2024

What changes in taxation were announced with the 2024 Budget? And how will these changes impact you?

The importance of regular bank reconciliations

July 3, 2024

Bank reconciliations ensure the accuracy of your organisation’s financial statements and helps maintain financial integrity. Get into the habit of doing it often. Putting it off can mean bad things for your business records.

What to know if you rent out your holiday home or provide services online

July 1, 2024

If you provide services on an online marketplace, such as renting out short-stay holiday accommodation on Bookabach or something similar, you need to know about tax changes that could affect you from this year on.

Resident withholding income and tax

June 28, 2024

If you earn income from interest or dividends or if you pay business interest to investors, it’s a good idea to understand how RWT affects you.

MTM Accounting Blog — News & Updates