Practical Advice
Useful content for small business regarding your financial obligations and best practices
Why your net profit is not reflected as available funds in your bank account
I am frequently asked the following question: My business is reporting a net profit at year-end, and I would expect an amount equal to my
How to calculate your Income tax and Provisional tax
Al lot of our clients are unsure how to make provision for income tax payable and sometimes they estimate or guess a certain percentage and
Income Tax, GST & PAYE explained
There’s always some confusion about taxes payable. Ziegfried explains the difference between PAYE, GST and Income Tax. He also provides guidance on how to interpret
Why did I end up with an additional tax bill?
At year-end, you might end up with an additional tax bill, even if you have paid yourself a PAYE salary from your company. Ziegfried explains
Interpreting your New Zealand Income Tax return
Ziegfried provides guidance on how to interpret your New Zealand Income Tax return.
Tax Pooling
Ziegfried discussing a great solution to defer provisional tax payments without incurring IRD late payment penalties.
Impact of shareholders including themselves in their company payroll
Ziegfried discusses the potential negative impact when shareholders include themselves in their company payroll.