News
Please click on the Newsletter heading to open the PDF files.
To subscribe to receive our free quarterly newsletter Click here...
Residential Properties – Interest Deductibility & Bright-line
Friday, 9th May 2025Below we provide information on the rules regarding the Bright-Line test and the interest that investors are able to claim against residential property income. These rules apply ...Read On...
PROVISIONAL TAX – AN EXPLANATION
Friday, 24th January 2025IRD requires provisional tax to be paid when a tax payer has residual income tax (RIT) greater than $5,000. Provisional tax is based on 105% of the prior year earnings, or 110% of ...Read On...
Cashflow - Monitor & Control
Friday, 27th September 2024It is a function of good business management to have controls in place to manage Cash-Flow. If a business is doing well, is busy and there are funds in the bank it is easy to ...Read On...
Trust Tax rate - Increase to 39%
Monday, 16th December 2024From 1 April 2024 the tax rate for Trusts and Estates increased from 33% to 39%. The 33% tax rate will still apply in the following situations: • Trusts that earn $10,000 ...Read On...
Newsletters
CLIENT NEWSLETTER APRIL 2025
(114kb)
- 1st April Changes
- Valuing Trading Stock
- Motor Vehicle Logbooks
- SWOT Analysis
- Use Of Money Intrest Changes
(114kb)CLIENT NEWSLETTER DECEMBER 2024
(100kb)
- Trust Tax Rate 39%
- Are your personal affairs in order?
- Overseas Investments & Foreign Investment Funds (FIF)
- Book Reviews
- Important Tax Dates
(100kb)CLIENT NEWSLETTER OCTOBER 2024
(114kb)
- Update to Residential property Bright-line Rules
- Company Law
- IRD Audit & Tax Arrears activity
- Planning for a Sustainable Business
- Family Boost Applications
- Personal Properties Securities Register
(114kb)CLIENT NEWSLETTER JUNE 2024
(120kb)
- Tax Updates from April 2024
- 2024 Government Budget Updates
- What are the Four Ways to Spend Money?
- Attaching Invoices in Accounting Software
- Changes to the Square Metre & Mileage Rates
- Year End Information
(120kb)CLIENT NEWSLETTER MARCH/APRIL 2024
(135kb)
- Changes to Minimum Wage
- Scam Update
- Time Management
- ACC Invoices & Cover Plus Extra
- Paying Tax On-Line
- Year End Information
(135kb)CLIENT NEWSLETTER DECEMBER 2023
(106kb)
- Paying Holiday Pay
- Trust Tax Rate
- Expected Tax Law Changes
- Strategic Planning
- Is it time to Declare a Company Dividend?
(106kb)CLIENT NEWSLETTER SEPTEMBER 2023
(100kb)
- GST Changes from 1 April 2024
- Director Obligations Part 2
- GST Considerations on Sale or Purchase of Commercial Property
- Latest Use of Money Interest Rate
- Updated Square Metre Rate for Home Office
(100kb)CLIENT NEWSLETTER JUNE 2023
(110kb)
- Residential Rental Interest Deductibility
- Cashflow - Are You In Control?
- Trust Tax Returns - Additional Disclosures
- Trust Tax Rates
- Working From Home Allowances
(110kb)CLIENT NEWSLETTER MARCH 2023
(95kb)
- Minimum Wage Update
- Short-Term Accommodation - GST & Interest
- Breakeven Analysis - How much does it cost to run my business?
- Director Obligations
- IRD Scam Emails & Cold Calling
(95kb)CLIENT NEWSLETTER DECEMBER 2022
(163kb)
- GST Invoice Requirements Update
- 6 Key Ratios to Monitor your Business
- Are you Buying or Selling Commercial Property or a Business?
- IRD Use of Money Interest
- Important Tax Dates
(163kb)CLIENT NEWSLETTER SEPTEMBER 2022
(120kb)
- Holiday Accommodation Income
- What is an FBT Reimbursement?
- Current Ratio (Working Capital Ratio)
- Square Metre Rate - Home Used for Business
- Banklink is Retiring
- Important Tax Dates
(120kb)CLIENT NEWSLETTER JUNE 2022
(114kb)
- Tax Treatment of Cryto-Assets
- An Explanation of Provisional Tax
- Bright Line Rules
- Use of Money Interest Rate
- Cost of Living Payment
- Motor Vehicle Kilometre Rates
(114kb)CLIENT NEWSLETTER MARCH 2022
(360kb)
- Financial Support for Businesses affected by Omicron
- Increase in Minimum Wage
- Imputation Credits & Shareholder Changes
- Trust Tax Returns - additional information to IRD
- Is IRD cancelling your GST Registration?
- Interest Deductions on Residential Rental Property
(360kb)CLIENT NEWSLETTER DECEMBER 2021
(239kb)
- Small Business Loan Scheme
- Foreign Investment Funds (FIF)
- Rental Properties - When are costs deductible?
- Changes in Business/Property - Have you considered tax?
- Before Sale of a Business, Sale of a Commercial Investment Property or Sale/Transfer of Shares
- The Power of Habit - Book Review
(239kb)CLIENT NEWSLETTER OCTOBER 2021
(123kb)
- New Scam
- Wage Subsidy Scheme
- & Resurgence Support
- Cash Flow
- Residential Property Interest & Bright-line
- Motor Vehicle Kilometre Rates
(123kb)CLIENT NEWSLETTER AUGUST 2021
(96kb)
- New Sick Leave Entitlements
- PIE Funds
- The 39% Tax Rate & Provisional Tax
- Effect of Wage Subsidy on Individual Returns
- Sale of Property - Impact of Depreciation Recovered
- New FBT Rates
(96kb)CLIENT NEWSLETTER APRIL 2021
(94kb)
- Residential Rental Changes
- Asset Purchases - $1000 Threshold
- Difference Between Mark Up and Gross Profit
- Cashflow - Monitor & Control
- COVID 19 Business Loan
- Minimum Wage Increase
(94kb)CLIENT NEWSLETTER DECEMBER 2020
(115kb)
- Brightline Test - Residential Property
- Asset Purchases - $5000 Threshold
- Residential Tenancy Act
- Trust Act 2019
- New 39% Tax Rate
- Interest - When is it Tax Deductible
(115kb)CLIENT NEWSLETTER SEPTEMBER 2020
(291kb)
- Provisional Tax Threshold Increase
- Small Business Loan Extension
- Why anyone with Kiwisaver should make a Will
- Effect of Wage Subsidy - Individual Tax Returns
- Improper Tax Invoices
- ACC Invoicing, FBT and more...
(291kb)CLIENT NEWSLETTER JUNE 2020
(253kb)
- Automated IRD Correspondence
- Small Business Loan Scheme
- Wages Subsidy Exempt from GST
- Asset Purchases Low Value Threshold
- Wage Subsidy Update
- Future Planning and more...
(253kb)CLIENT NEWSLETTER APRIL 2020
(977kb)
- COVID 19 Wage Subsidy
- Business Loans & Mortgage Holidays
- Minimum Wage Increase
- Cashflow Planning
- Year End Information
- 2021 Tax Changes and more...
(977kb)CLIENT NEWSLETTER DECEMBER 2019
(146kb)
- Tax Payments Online
- Words of Wisdom
- New Trusts Act 2019
- New Healthy Homes Standards
- Book Review
- Important Tax Dates and more...
(146kb)CLIENT NEWSLETTER SEPTEMBER 2019
(251kb)
- Use of Money Interest
- NZ PIR & RWT Rates
- Cashflow is King
- Overdrawn Shareholder Current Accounts
- Kilometre Rate Update
- Increase of IRD Interest Rate on Underpaid Tax
- Book Review and more...
(251kb)CLIENT NEWSLETTER JUNE 2019
(649kb)
- New Domestic Violence Protection Act
- Investment Strategy
- Provisional Tax
- Tax Rates
- Tips & Tricks - Basic Calculations
- Tax Payments & Refunds
- Book Review and more...
(649kb)CLIENT NEWSLETTER MARCH 2019
(480kb)
- New Minimum Wage
- Overpayment of ACC
- Common GST and Tax Payment Errors
- Capital Gains
- Changes to PTS
- Important Tax Dates
- Book Review and more...
(480kb)CLIENT NEWSLETTER DECEMBER 2018
(128kb)
- Payday Filing
- Overseas Travel Expenses
- Calculating motor vehicle kilometre rate
- Employment Records
- Important Tax Dates
- Book Review and more...
(128kb)CLIENT NEWSLETTER SEPTEMBER 2018
(261kb)
- Tax Working Group
- Ring Fencing of Rental Losses
- Bank Financing
- Monitoring Your Business
- The Cost of Holiday Pay
- MYOB Classic Support Ending and more...
(261kb)CLIENT NEWSLETTER JUNE 2018
(464kb)
- IRD focus on Cash Jobs
- Parental Leave
- Employer Changes
- Online Accounting Software Clients
- Trustee Obligations
- Personal Tax Considerations and more...
(464kb)CLIENT NEWSLETTER MARCH 2018
(112kb)
- Travel vs Entertainment
- Break Even Analysis
- AIM Accounting Method
- Valid Tax Invoices
- Important Tax Dates
- Brightline Test and more...
(112kb)CLIENT NEWSLETTER DECEMBER 2017
(418kb)
- Taxes on Accommodation
- Planning
- How is your business organised?
- Customer Service - Words of Wisdom
- Important Tax Dates
- Book Reviews and more...
(418kb)CLIENT NEWSLETTER OCTOBER 2017
(115kb)
- Company Vehicles & Latest FBT Changes
- Asset Purchases - Will it stack up?
- Loans to Family Members
- Customer Service - Words of Wisdom
- Important Tax Dates
- Book Reviews and more...
(115kb)CLIENT NEWSLETTER JUNE 2017
(383kb)
- Budget Update 2017
- New Email Scam
- The Changing Face of IRD, Tax & GST
- Online Accounting Systems - Bank Balance Correct?
- Updated Mileage Rates
- Wheel of Life and more...
(383kb)CLIENT NEWSLETTER MARCH 2017
(124kb)
- Tax Changes
- 10 Years of Information
- ACC - Some Reminders
- Year End Information
- Important Tax Dates
- Change to Minimum Wage
(124kb)CLIENT NEWSLETTER DEC 2016
(351kb)
- GST De-Registration
- Residential Property Tax
- Annual Leave
- Manage Business Risk
- Important Tax Dates
- GST Returns & Tax Payments
(351kb)CLIENT NEWSLETTER OCT 2016
(349kb)
- Residential Property Update
- Business Growth & Cashflow
- The Cash Economy
- Personal Insurances
- New Lending Restrictions
- Employers Record Keeping
(349kb)CLIENT NEWSLETTER JUNE 2016
(351kb)
- Tax Proposals
- Rental Property Costs
- Audit Shield
- Monitoring Your Business
- Having a Money Plan
(351kb)CLIENT NEWSLETTER MARCH 2016
(359kb)
- Minimum Wage Increase
- Imputation Credits - An Explanation
- Overseas Income
- Employment Law Changes
- Plan The Year Ahead
(359kb)CLIENT NEWSLETTER DECEMBER 2015
(376kb)
- ACC - Are you paying too much?
- From the IRD - Undeclared Cash Jobs
- Important Tax Dates
- The Year in Review
- Health & Safety Reforms
(376kb)CLIENT NEWSLETTER OCTOBER 2015
(350kb)
- Residential Property Update
- Mileage Rate Change
- Cyber Bullying & Digital Harassment
- Mark Up vs. Gross Profit
- Employer Obligations
(350kb)July 2015
(236kb)
- Are you a Company Director?
- Use of Money Interest Rate Changes
- Fair Trading Act
- Are you in charge?
- Budget Update
(236kb)March 2015
(433kb)
- End of Financial Year
- Employment Agreements - Do you meet the legal requirements?
- Depreciation - How much can I claim?
- Farm Accommodation Allowance
- How is business tracking?
(433kb)December 2014
(484kb)
- GST Reminders
- The Fraud Triangle
- Annual Leave Calculations
- Purchasing Equipment ex Bank Funds
- Solving IRD Problems
(484kb)
"DB Chartered Accountants recognise that I want the final say. They do not try to run my business but instead provide options from which I can choose.
The answers to any queries are just a phone call or an email away.
The staff are always friendly and very efficient."
Colin Mitchell
Director
MITCHELL CONSTRUCTION LIMITED
The answers to any queries are just a phone call or an email away.
The staff are always friendly and very efficient."
Director
MITCHELL CONSTRUCTION LIMITED