Latest articles, news and resources written by our team, for our clients. Check it out.
Latest articles, news and resources written by our team, for our clients. Check it out.

Blog

Click on any of the topics here to tap into our resources. If there is anything you would like to discuss, please feel free to contact us.
Trust Overview
on October 21, 2024 / by Grant Neagle

Property Tax Changes

Ingham Mora's Director, Grant Neagle, hosted a webinar on Property tax changes for 2024.
Aerial view of properties in a suburb.
on October 8, 2024 / by Gracy Qian

Tauranga Property Investor Q&A | Deductions on Rental Income | Ingham Mora

Question: What expenses can be deducted from rental income?
Ring-Fencing
on September 2, 2024 / by Neil Fullerton

Residential Rental Property Deductions (Ring-Fencing)

Many new to residential property investments may have read about the much-publicised Brightline Rules, or Interest Deductibility rules. However, in my experience, many are...
Aerial view of properties in a suburb.
on July 5, 2024 / by Tom Beswick

Tauranga Property Investor Q&A | Tax Strategies | Ingham Mora

Question: I own a mortgage free home in my own name. I want to buy a new home and rent out my old house. I...
The Beehive, the executive wing of New Zealand parliament buildings.
on June 5, 2024 / by Ingham Mora

Budget 2024 & Tax at a Glance | What is Changing | Ingham Mora

The announcement of Budget 2024 confirmed the government’s tax relief plan, with an estimated 83% of New Zealanders to benefit. So, what is changing?
7 steps to get ahead with your business in 2024
on March 19, 2024 / by Tom Beswick

7 steps to get ahead with your business in 2024

“Getting ahead with your business in 2024 isn’t just about ambition; it’s about mastering the crucial pillars of accounting and finances,” asserts Tom Beswick, Director...
How blessed are we residential property investors?
on March 1, 2024 / by Grant Neagle

How blessed are we residential property investors?

Residential property investment has been a blessed investment class. There are not many investments where one party funds it (the bank) and another party (the...
National's Promising Changes for Property Owners and Investors
on November 11, 2023 / by Alice Scapens

National’s Promising Changes for Property Owners and Investors

The recent election campaign by the National party in New Zealand had a significant focus on addressing the concerns of property owners and landlords. Promising...
Image
on June 1, 2023 / by Gracy Qian

Things to consider when deciding to invest in residential or commercial property

The majority of our clients love buying properties for their long-term investment. Sometimes it is a difficult decision to make when choosing either residential or...
Free chat with coffee
on April 11, 2023 / by Ingham Mora

Free chat with coffee

Still on the fence about choosing us as your accountant? Come meet with us for a free chat and coffee. We can discuss your goals...
Transitional Tax Residency Rule
on March 6, 2023 / by Gracy Qian

Transitional Tax Residency Rule

Have you made the move to New Zealand and not sure how the New Zealand tax laws apply to your overseas financial assets and investments?...
Image
on February 1, 2023 / by Alice Scapens

Top Tips if you’re New to Business

Have you started a new business? Do you know your tax requirements? Thought about GST? What about ACC? Here are some key requirements to be...
Trust Overview
on April 28, 2022 / by Jen Ruffley

Trust Overview Webinar

Ingham Mora's Trust Manager, Jen Ruffley hosted a webinar on Trust Overview for 2022.
Know your numbers webinar
on March 18, 2022 / by Tom Beswick

Know Your Numbers Webinar

You don’t have to be an accountant or bookkeeper to understand your numbers, just as you don’t have to be a mechanic to drive a...
What the new tax rules mean for your orchard.
on September 6, 2021 / by Grant Neagle

What the new tax rules mean for your orchard

If you are looking to sell or purchase an orchard, you and your advisors should be aware of a recent tax change that could affect...
Provisional Tax and GST
on August 24, 2021 / by Tom Beswick

Provisional Tax and GST

Three times a year the stars align for taxes and for many businesses two of them are due on the same day. The first payment...
Vehicle questions that frequently arise
on February 16, 2021 / by Tom Beswick

Vehicle questions that frequently arise

I tend to spend a good deal of time talking about vehicles. Similar questions come up all the time – I want to get a...
What can go Right when buying a business?
on January 25, 2021 / by Tom Beswick

What can go Right when buying a business?

It's easy to focus on the risks when buying a business. However, I think it is important also to share my thoughts on when we...
Image
on November 26, 2020 / by Jen Ruffley

Trust Act 2019 – What this means for you Webinar

Trust Act 2019 - What this means for you Webinar recording If you have a Trust, are you aware of the new Trusts legislation? It's...
The impact of Covid-19 on business acquisition
on November 17, 2020 / by Tom Beswick

The impact of Covid-19 on business acquisition

I commonly get asked “what is this business worth” – and the answer usually starts with “it depends”. Well, it now depends a wee bit...
Key questions to ask on an Information Memorandum
on October 18, 2020 / by Tom Beswick

Key questions to ask on an Information Memorandum

A business’s Information Memorandum is a summary of the business for sale and you use it to figure out if you are really interested in...
What you need to do to get bank funding
on September 16, 2020 / by Tom Beswick

What you need to do to get bank funding

In order to get funding from banks to buy a business, there are three key areas that come into it: the equity you will put...
Common Themes for Success
on August 26, 2020 / by Tom Beswick

Common Themes for Success

What is success and how do you achieve it in business?
The accountant’s role in buying a business
on July 9, 2020 / by Tom Beswick

The accountant’s role in buying a business

We are all aware our economy is being buffeted by Covid 19. But it does not mean that business sales have dried up – far...
Buying Tips For Uncertain Times
on June 15, 2020 / by Tom Beswick

Buying Tips For Uncertain Times

Sometimes the best way to talk about how to do something well is to start with how not to do it. Here are a few...
Good opportunities likely to come up, but tread carefully
on May 19, 2020 / by Tom Beswick

Good opportunities likely to come up, but tread carefully

A lot has changed in a few short weeks. Unfortunately, business and consumer confidence will not go back to pre-COVID-19 levels in a hurry. It...
Buying a business in uncertain times
on May 12, 2020 / by Tom Beswick

Buying a business in uncertain times

‘Buy on the sound of cannons, sell on the sound of trumpets.’ This is a quote that is often used in relation to the stock...
Tell em he's dreaming
on April 17, 2020 / by Tom Beswick

Tell em he’s dreaming

What does buying a business have to do with the timeless line 'tell em he's dreaming' from the 1997 Australian movie, The Castle? A few of...
Business Continuity Planning
on April 16, 2020 / by Ingham Mora

Business Continuity Planning

It is essential that every business has a plan for dealing with the fallout from this pandemic. A plan will give you peace of...
Understanding your strengths and identifying opportunities
on April 7, 2020 / by Ingham Mora

Understanding your strengths and identifying opportunities

The more you understand about your business, your market and your competitors, the better prepared you are for the business journey that lies ahead –...
Are you paying too much tax?
on March 31, 2020 / by Ingham Mora

Are you paying too much tax?

Paying tax is an unavoidable part of doing business. The more your income grows, the more tax you’re liable to pay. You’re rewarded for your...
Top 8 things to outsource in your business
on March 26, 2020 / by Ingham Mora

Top 8 things to outsource in your business

If you’re looking to scale your business, you’ll need to spend more time working on it than in it. Finding ways to leverage your time...
Questions on GST? We can help
on March 24, 2020 / by Ingham Mora

Questions on GST? We can help

Questions on GST for your small business? If your turnover was more than $60,000 over the past 12 months, or you expect it to be...
Understanding Your Statement of Cash Flows
on March 19, 2020 / by Ingham Mora

Understanding Your Statement of Cash Flows

The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within...
R&D Tax Incentive for NZ businesses
on March 17, 2020 / by Ingham Mora

R&D Tax Incentive for NZ businesses

The NZ Government’s R&D Tax Incentive aims to raise spending on research and development to 2% of GDP by 2027 in order to contribute to...
Common GST errors will impact your business
on March 12, 2020 / by Ingham Mora

Common GST errors will impact your business

Most GST errors are unintentional. Even so, they can have a big impact on your business as they may result in you paying too much,...
How to say no if you're a yes person!
on February 20, 2020 / by Ingham Mora

How to say no if you’re a yes person!

According to Paul Graham, “We’ll increasingly be defined by what we say no to”. Being clear on your #Vision, #Goals and priorities makes it much...
You don't know, what you don't know, you know!
on February 18, 2020 / by Ingham Mora

You don’t know, what you don’t know, you know!

The Knowledge Pie depicts the proportion of what we know, what we know we don’t know, and what we don’t even know we don’t know....
Fancy a piece of the pie?
on February 10, 2020 / by Tom Beswick

Fancy a piece of the pie?

Want a piece of the pie? I am seeing more businesses that are considering offering key employees a slice of the business. From the perspective...
Marketing is strategy and consistency
on February 4, 2020 / by Ingham Mora

Marketing is strategy and consistency

Marketing is all about making a connection with people looking for solutions. And now that we (mostly) control most of the channels we advertise through...
Minimise the risk
on January 13, 2020 / by Tom Beswick

Minimise the risk

For many people buying a business is likely to be the riskiest thing they do in their life. There can be great rewards (not all...
One way to sell your business for more
on December 20, 2019 / by Tom Beswick

One way to sell your business for more

Quite often when a vendor goes to sell a business they have had enough and want it sold in short order. The vendor assistance period...
FAQ when buying a business
on October 29, 2019 / by Tom Beswick

FAQ when buying a business

4 questions people commonly ask me when they buy a business. What is the business worth? What should I buy - the company or the...
Businesses valued on profits to a working owner
on September 17, 2019 / by Tom Beswick

Businesses valued on profits to a working owner

Part of the business buying process involves understanding what the financials shown in the Information Memorandum (“IM”) are telling you about the profitability of...
Has anyone been cooking the books?
on August 28, 2019 / by Tom Beswick

Has anyone been cooking the books?

Part of buying a business involves dissecting what the financial figures the business broker provides are telling you. It is important to understand what adjustments...
Buying a business - three traps to avoid in the first year
on July 18, 2019 / by Tom Beswick

Buying a business – three traps to avoid in the first year

The first year of buying a business can be tough. There’s a lot going on and a lot of things to learn. A business buyer...
Ensure your accountant can weather the storms
on June 18, 2019 / by Tom Beswick

Ensure your accountant can weather the storms

Buying a business can be a stressful and risky time. It is important to get great advice. I believe that when it comes to your...
Provisional tax - is there a better way?
on June 4, 2019 / by Tom Beswick

Provisional tax – is there a better way?

You might have seen some emails about the AIM system from IRD over the last year. Basically, it is a way to pay provisional taxes...
The Proactive Accountant - Just a Dream?
on May 27, 2019 / by Tom Beswick

The Proactive Accountant – Just a Dream?

A Proactive Accountant. It’s what every Accountant is told they should be. But what does it mean?
3 Reasons your Business Bank Account is Empty
on March 31, 2019 / by Tom Beswick

3 Reasons your Business Bank Account is Empty

Part of my job involves sitting down with business owners to discuss how their business is performing.
Loss ring-fencing to apply from 1 April
on January 31, 2019 / by Grant Neagle

Loss ring-fencing to apply from 1 April

The IRD estimates that approximately 40 percent of taxpayers with residential rental properties make tax losses, and the average annual tax benefit to these taxpayers...
GST on low-value imported goods confirmed
on November 29, 2018 / by Grant Neagle

GST on low-value imported goods confirmed

Under recently announced changes to GST on low-value imported goods, offshore suppliers will now have to collect and return New Zealand GST on goods valued...
Is it time to get rid of your Trust?
on November 16, 2018 / by Tom Beswick

Is it time to get rid of your Trust?

Do I even need my Trust anymore? This is a question that comes up regularly with my clients. Sometimes the answer is - no you...
Getting to grips with government's new R&D tax credit
on November 1, 2018 / by Grant Neagle

Getting to grips with government’s new R&D tax credit

The Labour-led government has resurrected its old R&D tax credit and given it a new set of clothes.
Charities' GST loophole to be closed
on October 31, 2018 / by Grant Neagle

Charities’ GST loophole to be closed

When it comes to GST, charities and non-profit bodies (NPBs) are often favoured compared with other taxpayers.
3 Ways to Sell your Business for More
on October 29, 2018 / by Tom Beswick

3 Ways to Sell your Business for More

One thing I see from time to time when a client decides to sell their business is a surprised look when I tell them that...
Payday filing on its way
on September 21, 2018 / by Grant Neagle

Payday filing on its way

From 1 April 2019 employers will be required to file their employees’ payroll information with Inland Revenue in respect of every payday.
Tax enhancements on the way
on September 6, 2018 / by Grant Neagle

Tax enhancements on the way

A new Bill introduced into Parliament proposes to make tax easier and simpler for individuals as well as including a raft of business-friendly changes.
Taxing Forestry Investment Income
on September 6, 2018 / by Grant Neagle

Taxing Forestry Investment Income

For those who have investments in forestry, it’s timely to consider the legitimate opportunities available to manage your tax bill when the harvest income finally...
The Secret to Paying No Tax
on August 22, 2018 / by Tom Beswick

The Secret to Paying No Tax

Shhh. Keep it down. I don't want everyone to know. I’ll just tell you if you can keep it to yourself. There's a sure fire...
Marriage vs Getting a Business Partner - is there a difference?
on August 8, 2018 / by Tom Beswick

Marriage vs Getting a Business Partner – is there a difference?

Going into business with someone is just like a marriage. It’s helpful to agree on stuff up front. Finding out 6 weeks in that your...
Buying a business – should I buy the shares or the assets?
on July 24, 2018 / by Tom Beswick

Buying a business – should I buy the shares or the assets?

Part of purchasing a business means thinking about what you are going to end up with after you settle. Are you going to buy the...
Maximising Home-Office Write-off
on July 24, 2018 / by Grant Neagle

Maximising Home-Office Write-off

A new method is available to calculate how much of your home office costs you can write off for tax purposes.
How to avoid buying a leaky business
on June 25, 2018 / by Tom Beswick

How to avoid buying a leaky business

Due diligence. DD. You've probably seen those words somewhere on an accountants' website. DD is to buying a business what inspecting the roof and moisture...