Tag: IRD
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Avoid These Accounting Red Flags: Protect Your Business from Costly Mistakes
Every business owner aims for financial stability, but accounting red flags can signal hidden issues that threaten profitability and compliance. Poor financial management can lead to cash flow struggles, tax penalties, and even legal risks. Recognising these warning signs early can help protect your business from costly mistakes. Below are key accounting red flags to…
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Transfer Pricing: Key Considerations for Businesses Ahead of Year-End
As the March and June financial year-end approaches, businesses engaged in cross-border transactions with associated parties must review their transfer pricing positions. Ensuring transactions are conducted at arm’s length—meaning they reflect the pricing that would occur between independent third parties—is critical for compliance with Inland Revenue (IR) and OECD guidelines. Proper transfer pricing planning helps…
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Record Keeping Requirements: A Practical Guide for SME Owners
Keeping accurate records is not just a regulatory requirement; it’s a cornerstone of running a successful business. Proper records ensure your business meets tax compliance requirements, simplifies financial management, and helps you avoid costly penalties. This guide provides SME owners with practical steps to maintain effective record-keeping systems and ensure compliance with New Zealand regulations.…
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Your guide to working multiple jobs
Working multiple jobs in New Zealand? Get the essential information on taxes, expenses, and ACC levies to stay on top of your freelance game.
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Understanding the Taxation of Share Investments in New Zealand
Learn how share investments are taxed in NZ, covering dividends, sales, and deductions. Get practical tax tips from Black Arrow Business Studio.
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Employer-Provided Accommodation: Tax Implications Explained
Understand the tax implications of employer-provided accommodation with insights from IRD’s latest ruling. Learn about income tax, GST, and valuation rules.
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Does Your Business Have a Permanent Establishment in New Zealand? Key Insights from IRD’s Ruling
Understand permanent establishment rules and tax implications with insights from IRD’s latest ruling for cross-border businesses.
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Common Mistakes in Depreciating Office Equipment for NZ SMEs
Learn how SMEs in New Zealand can avoid common depreciation mistakes with office equipment. Maximise tax savings and keep your business financially efficient.
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Research & Development Tax Incentive
Unlock tax benefits with Research & Development. Learn how your business can claim a 15% tax credit for eligible R&D expenditures.