Blog- Business and Tax Tips for Small Business from the team at Business Like

April 20, 2025
A man at his desk considering if Is tax pooling right for his NZ business.

Tax Pooling: How This Inland Revenue-Approved Strategy Can Save You Money

Tax Pooling: A Smart Strategy for Managing Your Provisional Tax What Is Tax Pooling and Why Should You Consider It? Tax pooling is an Inland Revenue-approved […]
April 15, 2025

Understanding Accounting Terms: A Business Owner’s Guide to Financial Jargon

Breaking Down Business Accounting Jargon: A Comprehensive Guide Is accounting jargon making your head spin? You’re not alone. Let’s demystify the financial lingo so you can […]
April 10, 2025
a computer with a profit and loss report on the screen

How to Read Profit and Loss Statements: Quick Guide

Decoding P&L Statements: The Financial Storytelling Basics Financial statements, and in particular profit and loss statements, are vital for understanding a business’s financial health. They tell […]
April 9, 2025

Navigating the FBT Change: Updates coming in 2025?

Major FBT Reforms on the Horizon: What NZ Businesses Need to Know Understanding the Proposed Changes to FBT in NZ The Inland Revenue Department (IRD) recently […]
April 5, 2025
a photo of a calculator used to calculate the advantage of getting paid faster

Discover Three Simple Strategies to Get Paid Faster

Introduction to Faster Payments Through Accounting Optimization For small businesses in Auckland, managing cash flow effectively is a game-changer. You might find that one of the […]
April 2, 2025

Understanding Employer Superannuation Contribution Tax (ESCT)

Understanding Employer Superannuation Contribution Tax (ESCT) What is Employer Superannuation Contribution Tax? Employer Superannuation Contribution Tax or ESCT, is a tax that applies to contributions made […]
March 25, 2025
a neon sign saying 'it began as a GST mistake'

Mastering GST: 10 Common Mistakes NZ Businesses Make

10 Critical GST Mistakes New Zealand Businesses Must Avoid GST compliance represents one of the most challenging aspects of financial management for New Zealand business owners. […]
March 24, 2025
Make sure your rental expenses are claimable

Rental Property Claimable Expenses – Tax Rules For Residential Investment Property

Guide to Deductible and Non-Deductible Rental Property Expenses Understanding Rental Property Tax Deductibility Tax deductibility is a crucial concept for rental property owners to grasp, as […]
March 21, 2025

Terminal Tax NZ: Key Deadlines and Strategies Explained

Understanding NZ Terminal Tax What Terminal Tax Is and Why It Matters Terminal tax in New Zealand is the final amount of income tax that a […]