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NZ FIRE SERVICE LEVY AND YOUR LTC

By Garreth Collard, Senior Property Accountant | March 20, 2023

The NZ Fire and Emergency levy changed substantially from 1 July 2026. Find out how it's collected, and when the liability to pay falls on your company directly.

NZ FIRE SERVICE LEVY AND YOUR LTC… you might receive a letter from the New Zealand Fire Service asking you to make a Statutory Declaration.

COMPANIES OFFICE RETURN NZ? NZCO?

By Garreth Collard, Senior Property Accountant | March 7, 2023

Illustration of company records and regulatory documents used when preparing a New Zealand company annual return with the Companies Office.

Companies Office return NZ? NZCO? What’s that? These are two of the most common questions we get from new company directors. It’s not a tax return, and confusing the two can lead to a company being struck off the register. 30-Second Read NZCO is short for the New Zealand Companies Office, part of MBIE (the…

HOW DO YOU MAKE A COMPANY INTO A LTC?

By Garreth Collard, Senior Property Accountant | February 28, 2023

Illustration showing a property held in a New Zealand Look-Through Company (LTC), commonly used by property investors for tax transparency.

How do you make a company into a LTC (Look-Through Company)? It’s a genuinely straightforward process once the company itself exists. This guide walks through the actual election specifically. If you’re starting from scratch and need the full journey — from forming the company through to ongoing compliance — see our complete guide to how…

COURIER BAG REQUEST

By Garreth Collard, Senior Property Accountant | October 4, 2020

WHAT BUSINESS EXPENSES ARE TAX-DEDUCTIBLE?

By Garreth Collard, Senior Property Accountant | June 20, 2020

What business expenses can you deduct in your income tax return? It depends on your business structure, but includes things such as:ACC leviesaccounting feesbank chargescontractor costsdepreciation (wear and tear)entertainment (be careful!)home office expenseslease or rental costslegal feesmotor vehicle expenses e.g. WOF, registration, repairs, insurance, FBTpurchases (for business purposes e.g. stock, materials)travel e.g. fuel, parking, business travelstationery, printing and office costs […]

WHO NEEDS A FINANCIAL ADVISOR?

By Garreth Collard, Senior Property Accountant | October 15, 2015

Who needs a Financial Advisor?* Do you? Well, you might be thinking “I need a lawyer… and an accountant. But do I need a Financial Adviser?” Like many people (most, in fact) you probably feel that a Financial Adviser is a bit of an optional extra. We strongly feel that this is not sound thinking.…