Big News!

Parliament has been hard at work, and the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill has been pushed through and now awaits Royal assent. Here are the highlights and how it may impact your personal situation.

Are you prepared for tax time?

Tax season is the perfect opportunity to get ahead! It’s important to take some time to reflect on what’s worked well so far and plan for a future that’s even more successful. Even the smallest change can result in tax savings.

How is your business profit taxed?

For 2024, Inland Revenue is specifically looking to make sure business profits from personal services aren’t being diverted to other structures to avoid tax.

What expenses can I claim for my business?

It’s in every business owner’s best interest to track and claim all of their expenses. After all, the higher your expenses, the lower your profit. That means less tax to pay.