News & Insights

At our Breakthrough Breakfast the room was inspired by the four pillars of growth: get a life, get clear, get free and get help. This is a reminder of the lessons from that morning.

As most of us begin a new financial year (those with 31st March balance dates), we typically would also look to review our budgets or cashflow forecasts for the year ahead and set some new targets. We might even reset our strategic direction, and better yet, we would align our strategic direction and our cashflow forecast to ensure that the two are in unison.

Ring-fencing of rental losses refers to new tax regulations that prevent investors from offsetting residential property losses against their other income, such as salaries or business earnings. Instead, if rental deductions exceed income, these losses will be carried forward to offset future residential property income until fully utilised. This article explores the implications of these changes for property investors and offers insights into effective financial strategies in light of this legislation.

The current economic environment presents challenges for individuals and businesses, impacted by the COVID-19 pandemic and rising living costs. Despite this, many are still looking to innovate and upgrade technology and vehicles. Key questions include whether to buy or rent and how to fund these purchases. This article explores these leasing options and provides insights into making informed financial decisions.

We examine the intricacies of entertainment expenses and fringe benefit tax (FBT) in New Zealand, highlighting key considerations for businesses. It clarifies what qualifies as taxable benefits, offers practical tips for managing FBT obligations, and explores strategies to maximise tax deductions. Understanding these elements is essential for businesses aiming to optimise their tax position while ensuring compliance with relevant regulations.