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Tax

10 Point plan for the GST rate change

If you're wondering how you are going to manage the transition from a GST rate of 12.5% to 15% on 1 October, Sue Hirst has some simple pointers to help you get it right.
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Life Insurance contributions and fringe benefit tax (FBT)

It has been said that the only two certainties in life are death and taxes. There may well be certain events, but it’s often confusing working out what tax advantages may be gained by the company or the employee(s) depending on how insurance policy ownership, beneficiaries and payments are structured. Steven de Jong throws some light on the issue

Tax season is here - discover how to save more and make more next year

Could you be missing out on business because you don’t accept credit cards? CellCharge explains

Charitable intentions

If you are involved with a charity it might pay to check what the new Charities Act means in terms of tax advantages

Do you qualify for a new tax discount

If you are starting out in business, there is a new tax discount you may be entitled to

How to cut your taxes

There are plenty of ways your accountant should be able to help you legally reduce your tax bill advises Christopher Raynal

End of tax year - do you need to file an income tax return?

It's perhaps timely to take a look at your tax timetable and be aware of any upcoming tax deadlines you may need to meet. Inland Revenue provides some pointers

When NOT to register for GST

There are pros and cons to registering for GST - if you have the choice. Christopher Raynall looks at some of the times it may be beneficial to decide NOT to register

What you need to know about tax when you're starting out in business

Getting to grips with your taxes when starting a new business can be a challenge. This article, written by Inland Revenue, should help you start off on the right foot.

How to turn business losses into cashflow

Your business is losing money ... can Inland Revenue really be your best friend? Christopher Raynal helps you look on the bright side

Why not leave the paperwork to your tax agent?

Do you have difficulty preparing your tax returns? If you do, you may like to consider getting a tax agent to help you.

An introduction to Goods and Services Tax (GST)

Do you need to register for GST? What are your responsibilities if you are registered? This article gives you a broad overview of GST and has links to more in-depth information from Inland Revenue's website.

Inland Revenue responds to issues raised by HomebizBuzz respondents

During a recent survey on HomebizBuzz, respondents raised some tax-related issues they wanted to see addressed. Here, Inland Revenue responds to some of these - with a promise of more to come

Now talking to Inland Revenue is even easier!

Be among the first to test Inland Revenue's new Natural Language Speech Recognition technology, which allows you to just ask for the tax-related stationery you need, instead of having to use your touch tone phone

Inland Revenue go the extra mile to help home businesses

When you are faced with a tax question, do you prefer to resolve it round the table rather than over the phone? But are you miles from the nearest Inland Revenue office? The Heartland Services initiative gets Inland Revenue out of the city and into the country, so rural home businesses can get help with a full range of personal tax and business tax issues.

Introducing Inland Revenue's email services

Did you know that you can communicate with Inland Revenue by email? You may find that Inland Revenue's email services are a useful alternative to their traditional mail and telephone services in some situations. Email is quicker than traditional mail because delivery times are reduced, and email can be more effective than the telephone when you are dealing with a complex issue.

Do you have tax owing on 7 April 2003?

If you think you'll have trouble paying your tax, contact Inland Revenue. You may qualify for an instalment arrangement, which could save you money. The secret is to contact Inland Revenue sooner rather than later…

Are your days of doing a stocktake over?

Do you normally do a stocktake every year? Well, this March you may not have to. Recent changes to the law will make stocktakes unnecessary for many home businesses. See if the changes apply to you…

Should you be using the payments basis to account for GST?

You can choose from three different ways to account for GST. If you don't specify your choice, you'll go onto the invoice basis - but many home businesses could find the payments basis helps improve their cashflow. Find out whether it's right for you ...

Mixing business with pleasure

Which expenses can you claim when you travel on business, and how do you go about it - especially if not all of the trip is related to earning an income? Mark Salmon sets some guidelines.