Kiwitax

12/10/2026

🚗 Business owners: do you or your team drive a work ute or company car? The FBT rules for business vehicles are set to change from 1 April 2027.

📋 The proposed rules do away with counting days and keeping logbooks. Instead, each vehicle goes into one of six categories based on how it's used, each with a set rate.

🧮 We've summarised the changes and built a calculator so you can see how the numbers could look for your own vehicle and we offer a full FBT calculation service to help understand the real cashflow impact on your business.

Link in comments 🔗

FBT changes for business vehicles are set to apply from 1 April 2027. Logbooks go and six new categories set the rate. See what it means for your business.

29/07/2026

Has your business had a big change in cashflow this financial year compared to the last? 🤔

Whether it's slower sales, fast growth, or unpredictable cash flow, IRD's standard provisional tax estimate could mean you're paying too much, or leaving yourself exposed.

The first provisional tax instalment for FY27 is due 28 August 2026.

Our Provisional Tax Check Service is designed for businesses exactly like yours:
✅ Reviews your actual year-to-date numbers - not IRD's guess
✅ Works out what you should genuinely pay vs. the standard estimate
✅ Gives tailored guidance for managing provisional tax going forward
✅ Includes check-ins at each instalment date throughout the year

It's one of the best tools for keeping a tight grip on your cashflow when your income isn't steady.

Get in touch with the friendly Kiwitax team - we'd love to help, and chatting with us is free.

📞 0508 KIWITAX 📧 [email protected]

Provisional tax in New Zealand can be confusing, especially if you are just starting out. Find out more with our handy guide for small NZ businesses

19/07/2026

Do you have a company and wondering how to pay yourself? It's one of the most common questions we hear from business owners. Here's a quick breakdown:

— Wages (PAYE): —
✔️ You're treated as an employee of the business.
✔️ Wages are a deductible business expense.
✔️ PAYE tax, ACC levies, and KiwiSaver contributions are deducted as you go.
✔️ Comes with extra admin. Monthly IRD filing is mandatory.
✔️ Can be tough when you're starting out or cashflow is unpredictable, since PAYE is due each month regardless of what's come in.

— Drawings: —
📌 Money taken from the company for personal use.
📌 A flexible option when you're starting out and cashflow is uncertain.
📌 Not a business expense. Comes out of the company's equity.
📌 In most cases your accountant will balance this out with a shareholder salary at year end - which is a deductible expense. Owners issued a shareholder salary, pay tax on the figure at their personal rate e.g. 33%.

🤔 Which is better?
It depends on your business structure, financial goals, and tax situation. There's no one-size-fits-all answer. Check out our article for more details - link in the comments 👇

The friendly team at Kiwitax specialise in helping NZ business owners sort this stuff out. Chatting with us is free, so if you need a hand, call 0508 KIWITAX or email [email protected]

29/06/2026

⏰TAX FILING DEADLINE: 7 JULY 2026⏰

Business owner or rental property investor? If you operated between 1 April 2025 and 31 March 2026, your income tax return is due by 7 July - unless you're linked with a tax agent like Kiwitax, in which case you get an automatic extension to file until 31 March 2027, plus extra time to pay your tax bill.

Not sure if your DIY return is covering all the bases? We can help make sure your expenses, depreciation, and GST are all handled correctly, so you're not paying IRD more than you need to.

Contact us today for a quote.
📞 0508 KIWITAX | 📧[email protected] | 🔗www.kiwitax.co.nz

15/06/2026

🚨Attention all business and rental property owners🚨

The 7 July IRD deadline is fast approaching!⏰

If you've been engaged in taxable activity between 1 April 2025 and 31 March 2026, IRD expects your income tax returns filed by 07 July 2026. 📆👎

But, here's the good news: Sign up with a tax agent like Kiwitax, and you'll get an extension to 31 March 2027. ✅👍

Signing up with Kiwitax is quick and easy, just follow the link to get a quote. 🙌

Get a Kiwitax quote covering tax, accounting and business improvement and advisory services specific to your business and your needs right here

15/06/2026

🚨 New Zealand Budget 2026: What does it mean for your business?

The latest Budget includes several tax changes that could impact business owners, investors, employers, and company shareholders.

Key updates include:

✅ Simplified FBT rules for business vehicles
✅ Changes to R&D tax incentives
✅ Foreign Investment Fund (FIF) reforms
✅ New tax treatment of shareholder loans in liquidated companies
✅ Increased Inland Revenue compliance activity
✅ Donation tax credit changes
✅ Additional support for eligible working families

While there are no major income tax rate changes, these targeted measures could affect your compliance obligations, cashflow, and tax planning opportunities.

We’ve broken down the announcements and explained what they mean in practical terms for New Zealand business owners.

📖 Read the full article here: https://kiwitax.co.nz/new-zealand-budget-2026-key-tax-changes-every-business-owner-should-know/

What do you think is the most significant change for Kiwi businesses?

07/05/2026

🏡 Heading overseas and thinking of renting out your NZ property?

There's more to it than finding a tenant and jumping on a plane. Before you go, make sure you've got these five things sorted:
✅ Get the property rent-ready
✅ Choose the right property manager
✅ Understand your tax obligations
✅ Partner with a property tax specialist
✅ Lock in great tenants

From Healthy Homes compliance to tax planning, our latest guide walks you through everything in plain English, so you can leave with confidence and peace of mind. ✈️

Full details in the link below 👇

Planning to rent out your NZ home before moving overseas? Here are 5 essential steps you need to be aware of.

30/04/2026

Before you renovate your rental, there's one tax question that could cost you thousands if you get it wrong.

IRD treats repairs and improvements very differently, and most investors don't know where the line is until it's too late.

Our latest guide breaks it down:
✅ Repairs vs capital improvements...what actually makes the difference?
⚠️ The initial repair trap (and how to avoid it)
🏠 Real-world examples that catch investors out

Plain English. No jargon. Bookmark this one before your next project.
Link in the comments 👇

21/04/2026

Have you seen the news about IRD cracking down on crypto traders?

In the past, Kiwis trading crypto assets could fly under the radar...but that era is over. IRD now receives data directly from the platforms Kiwis use, and they're cross-referencing it against what's actually being declared.

Letters are already going out to some of the 355,000 crypto users IRD has identified in NZ, and this is just the beginning.

Now's the time to get your records in order.

Crypto-assets are treated as a form of property for tax purposes and what people make from selling, trading or exchanging crypto-assets is taxable.

13/04/2026

⏰ Final 2026 provisional tax instalment is due 7 May!

Don’t leave your provisional tax payment to the last minute. Late payments = penalties + interest.

If your business has experienced significant growth or decline in sales, your instalment could be off.

Talk to your accountant and get ahead of it.

Get a quick year-to-date check done. It gives you a clearer provisional tax number based on actual performance, not estimates.

Your accountant can also provide helpful advice and assist with taking advantage of options like tax pooling, which allows you to finance and defer your upcoming provisional tax payments to a later date without incurring IRD penalties and interest.

📞0508 KIWTAX
📧 [email protected]