News & Insights

Budget 2022 saw funding dedicated to the Research and Development Tax Incentive (RDTI). With Callaghan Innovation Limited and the Inland Revenue Department working together to evaluate entitlement upon review, the RDTI operates as a tax credit to incentivise businesses and individuals who perform R&D activities that are carried on in New Zealand.

With the temperature continuing to rise around the world, it is important for everyone to do their part. The carbon trading system is part of the New Zealand Government’s Emissions Trading Scheme (ETS) and provides a unique opportunity for businesses to reduce their carbon footprint and address the impacts of climate change.

With inflation rising and impacting every aspect of daily life in New Zealand, businesses must carefully monitor cash flow to navigate increasing costs. By managing outflows effectively and optimising spending, companies can better weather economic uncertainty. This article provides key strategies to help businesses safeguard their financial health and maintain stability in challenging times.

The end of the financial year end is fast approaching. 2021 has been a year filled with uncertainties and challenges. In this article we cover off important changes already in force in 2021 as well as some of the recent developments relevant for businesses and personal matters from a tax perspective.

The shareholder’s current account is often one of the most important financial accounts in a company, yet many business owners are unsure of how it works. This guide simplifies the key concepts and provides clarity on how to manage your account effectively, especially in cases where the company owes you money or you’ve withdrawn funds.