News & Practice Updates

Fringe benefit tax - The cost of employee perks

May 25, 2023

Fringe Benefit Tax is one of the trickier areas of day to day taxes for business. Read on to find out more, and how we can help you understand the complete costs of those perks, and look at your options.

Understanding the Use of Money Interest (UOMI) System

May 23, 2023

Some tax payers are subject to use of money interest (UOMI) when they don't pay their tax, pay late, or underpay. Make sure you have a broad idea of your likely tax commitments in advance.

The 'No frills' 2023 budget - What does it mean for you?

May 22, 2023

What’s in this Budget for the Kiwi business owner? From trust taxes to apprenticeships, to avoiding a recession, we look at the items most likely to impact you.

Cash flow forecasting – stay ahead of the game

May 22, 2023

Do you know what’s happening with cash flow for your business right now? How about six months from now? Cash flow monitoring and forecasting are essential to keep your business heading in the right direction.

Trusts and information disclosures

March 24, 2023

Do you have a family trust or do you have obligations as a trustee? Catch up on requirements to disclose information to beneficiaries and Inland Revenue.

Be especially aware of scams as we near the end of financial year

March 23, 2023

As always, but especially as we near the end of financial year, make sure you are aware of potential scams.

Could the Government help you grow this year?

March 22, 2023

If you are a small business in New Zealand, you may be eligible for Government support, in the form of grants, mentoring or low-cost business advice.

5 ways to spend less without budgeting

March 21, 2023

Do you find budgets boring? 5 ways to cut back on your personal spending without having to track every transaction

GST Special Alert - What do I have to do before 1 April 2023?

March 20, 2023

New rules on GST invoicing apply from 1 April 2023. Make sure your business is ready to cope with the changes.

Ransomware Attack Update

February 23, 2023

The latest update on the ransomware attack.

Holiday payroll and getting it right

November 28, 2022

As an employer, what are you doing with your business over the holiday period? When it comes to payroll, now's the time to get everything sorted, to ensure everyone is paid correctly. Read on to find out more about getting payroll right this holiday season.

GST invoicing changes are coming!

November 25, 2022

GST changes are coming in 2023, designed to support e-invoicing and electronic record keeping. All businesses need to be aware of the changes to ensure their business processes can manage the new requirements.

Giving gifts to clients (think about the tax)

November 25, 2022

If your to-do list includes planning season’s greetings and gifts to clients, take a moment to remind yourself about the tax treatment.

How to improve your year-end processes and plan for 2023

November 21, 2022

2023 is just around the corner. Are you ready for your year-end? We'll help you tidy up the loose ends and get your business plan ready for the new year.

Let us entertain you (but be aware of the tax treatment)

November 17, 2022

Are you planning Christmas treats for your customers or team? Have a quick catch-up with us on what you can claim as business expenses.

MTM Accounting Blog — News & Updates