How quickly a late filed GST return can turn in to a mass of late filing penalties and interest charges. You need to file your returns on time!

At this time of year there are some common questions we get asked, like 'I have drawn out some extra money over Christmas for private use'.' Will this increase my tax'?

Assets over $500 are capitalised and depreciated. The amount of the depreciation on the asset is all that reduces your taxable profit.

Did you know the IRD recently announced some changes in the way motor vehicle expense for business owners are calculated?