News & Practice Updates

Should you buy or lease your business assets?

May 27, 2021

Should you buy or lease your new equipment? You may need to review your current financial position, cashflow and cost base to decide whether buying or leasing is the right thing for your business.

Tax shake-up targets property investors

May 20, 2021

Big tax changes for property investors will have an impact on anyone who owns an investment property - your strategy may need to change. What changes will you need to make?

The 39% tax rate - Your questions answered

May 13, 2021

The new 39% marginal rate that applies to all employment income over $180,000 is now in force. Read on to find out about how the new rate will affect you and your business.

Changes to taxation rules on Residential properties

March 23, 2021

Today the Government announced two significant policy changes to the rules governing residential property. How will these change impact you?

Tenancy Laws are changing in NZ

March 10, 2021

Tenancy laws are changing in NZ. If you own or rent, make sure you understand how these changes will impact you.

Small Business Cashflow Loan Scheme expanded

March 8, 2021

New criteria for the Small Business Cashflow Loan Scheme (SBCS) now allow for more businesses and organisations to apply. Speak to us about whether the SBCS loan is right for your business.

Staying afloat and thriving through a downturn

March 5, 2021

Coping with a sudden downturn is no walk in the park. If you’re looking to improve your business planning or improve your financial model, do come and talk to us.

The Holidays Act 2003 — reduce your risk of non-compliance

February 26, 2021

Ensure your payroll systems and processes are up to date and reduce your risk of non-compliance with the Holidays Act .

Changes to Trusts’ reporting requirements under new Tax Act

December 17, 2020

From the 2021 tax year, new reporting requirements will come into place for trusts. Find out how this will impact you and your trust.

Mileage rates for motor vehicles updated by IRD for the 2019/2020 year onwards

December 15, 2020

Inland Revenue has now finalised the kilometre rates to be used for the 2019/2020 income year for business motor vehicle expenditure claims.

Increase to the top tax rate for individual taxpayers

December 8, 2020

The Government is expected to increase the top tax rate for individual taxpayers to 39% on income over $180,000. Read on to find out when this change comes into place and how it will impact you.

The Trusts Act 2019 - how will it impact you?

December 4, 2020

Is your trust still relevant to your situation? The Trusts Act 2019 comes into effect in January 2021. Read on to find out more about your obligations and responsibilities under the law.

Don’t trip! GST mistakes to avoid

November 27, 2020

Get on top of GST in your business by knowing when it’s due, what to pay, and using your accounting software.

Top 10 time wasters to avoid

November 20, 2020

Struggling with disruptions, shifting priorities and frustrating re-work? Look at how to streamline your processes and boost your efficiency.

How to safeguard your team’s mental health

October 2, 2020

There’s no single solution when it comes to taking care of your employees’ wellbeing. When you work remotely make sure you stay connected to your team and check-in, support each other and agree on the priorities.

MTM Accounting Blog — News & Updates