News & Practice Updates

Crypto-currency

October 4, 2022

Financial markets are currently experiencing uncertainty and fluctuations, and this instability is also impacting cryptocurrencies. These kinds of currencies are still in their infancy and remain poorly understood. Read on or get in touch with us for assistance with your taxation requirements regarding cryptocurrencies.

Business tips - Learning to make good business decisions for your startup

August 29, 2022

Making good business decisions is the secret to a successful startup. Read on to find out how set up the best possible management information and monitoring systems as your business grows.

Succession planning for small businesses

August 26, 2022

Looking at exiting your business? Put the "success' into a succession plan for your business with a robust exit strategy, and maximise the value of your business.

Getting pricing right

August 22, 2022

It can be a challenge to get pricing right. The right pricing strategy considers your business, your customers, and your market. It must be adaptable. Your customers ultimately decide, but a canny pricing strategy helps optimise sales and profit.

GST record keeping requirements are changing

August 19, 2022

From 1 April 2023 the requirements for GST record keeping will be coming into place. Some changes have already come into effect. Read on to find out more about the changes and how they will impact you.

IRD is no longer playing nice

August 15, 2022

The Inland Revenue spent 2020 and 2021 being much more relaxed about outstanding tax - but that grace period is coming to an end as they start cracking down. Do you or your business have outstanding amounts?

Mileage Rates 2021-2022

June 28, 2022

Inland Revenue have advised the updated mileage rates for 2021-2022

E-Invoicing

June 1, 2022

E-Invoicing is here to make your invoicing more accurate and efficient. If you’re using a registered accounting software, read on to find out more about how e-invoicing can help you manage your invoices and improve efficiency.

End of financial year: What we need from you

May 20, 2022

It’s end of financial year – time to start thinking about your annual accounts. What do you need to pull together so we can get it right and help your business succeed?

Disclosure requirements for active trusts 2021/2022

May 16, 2022

The government is interested in the use of trusts, and there are now required disclosures to be made to Inland Revenue. Read on to find out more about these requirements, and how they will impact you and your trust.

Interest limitation on residential investment property

May 16, 2022

The limitations on interest deductibility for residential investment property are now law. What does it mean for you? Click here to read on and find out more and how this might impact you.

Tax pooling deadline extended for COVID-19 impacted taxpayers

May 13, 2022

If you are impacted by COVID-19, you'll now have 183 days after your terminal tax date (or until 30 September 2022, whichever comes first) to settle 2021 income tax arrangements using tax pooling, subject to meeting certain criteria.

Which new tax changes will affect you and your business?

May 9, 2022

With over 100 tax changes came into effect in April, there’s sure to be something that will have an impact on you or your business. Take a look at our summary of the 13 most influential areas of change.

Six ways to stay on top of tax this year end

March 3, 2022

2021 was a funny old year, right? Freshen up on relevant tax information you may have missed, check you have it all together so there are no unwanted surprises at the end of the tax year.

Omicron linked government business support

February 23, 2022

As the current COVID-19 outbreak begins to impact business, find out more about the support measures that are on offer.

MTM Accounting Blog — News & Updates