As we countdown towards the end of the financial year, here are some some tax planning opportunities to help you optimise deductions.

The interest deductibility rules have been a hot button issue since they were introduced. They will start to be phased out from the 2024-25 tax year as residential property investors breathe a sigh of relief.

The minimum wage is rising as of April 1, 2024 to $23.14. As an employer, you’ll need to keep up to date with the latest minimum pay rates and pay your employees at least the current minimum rate.

Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment? Talk to us about how we can work with you to support your ongoing business profitability.

As a general rule, if you provide entertainment for your team or clients, some of your business entertainment expenses are tax deductible.

If your Christmas giving includes gifts to clients, remember that some gifts will be fully deductible while others will be only 50% deductible.

What are National’s proposed tax changes? Shifted income tax brackets, restored interest deductibility, a two-year bright line test and FamilyBoost.

The provisional tax system can be difficult to navigate. A simple tax plan will give you a general idea of how much tax will be payable and when, so you can plan for it.