http://www.evansaccountants.co.nz/blog/ The latest Blog feeds from www.evansaccountants.co.nz en-us Sat, 13 Jun 2026 19:45:14 +1200 Rocketspark http://www.evansaccountants.co.nz/blog/post/165657/income-tax-rates/ Understanding New Zealand Income Tax RatesUnderstanding how income tax works is an important part of managing your finances and planning for the future. New Zealand operates a progressive tax system, meaning different portions of your income are taxed at different rates as your earnings increase.Whether you're an employee, self-employed, a company director, or a trustee, knowing which tax rates apply can help you make informed financial decisions and avoid surprises at tax time.Individual Income... Tue, 02 Jun 2026 11:59:59 +1200 http://www.evansaccountants.co.nz/blog/#post165657 http://www.evansaccountants.co.nz/blog/post/164475/acc-earners-levy/ ACC Earners’ Levy Changes (2023–2027)The ACC Earners’ Levy helps fund injury cover for all working New Zealanders and is deducted from salaries, wages, and self-employed income up to the maximum liable earnings threshold.For employees and self-employed individuals earning at or above the maximum threshold, the levy payable increases slightly each year as both the levy rate and income caps rise.Income YearEarners’ Levy Rate (inc. GST)Max Income Earners’ Levy (for employees) charged onMa... Tue, 12 May 2026 12:17:36 +1200 http://www.evansaccountants.co.nz/blog/#post164475 http://www.evansaccountants.co.nz/blog/post/164049/gst-thresholds-explained/ If you’re running a business in New Zealand, understanding GST thresholds is essential for staying compliant and choosing the right reporting setup. Whether you’re just starting out or scaling up, your annual taxable supplies will determine when you need to register for GST and how often you file.GST Thresholds & Filing OverviewAnnual Taxable SuppliesGST / Filing DetailsLess than $2mPayments basis option availableMore than $24m1 monthly filingLess than $500,0006 monthly option available$... Thu, 30 Apr 2026 12:46:06 +1200 http://www.evansaccountants.co.nz/blog/#post164049 http://www.evansaccountants.co.nz/blog/post/163232/2026-checklists/ View our 2026 end of financial year checklists below. If you have any questions, please don't hesitate to get in touch!... Thu, 09 Apr 2026 03:15:28 +1200 http://www.evansaccountants.co.nz/blog/#post163232 http://www.evansaccountants.co.nz/blog/post/163147/what-a-charity-erg-marathon-taught-us-about-business/ On Saturday, Team Evans & Co took part in a charity erg marathon, raising funds for Cambridge Community House. While the physical challenge was very real (and left us a little worse for wear!), it also delivered some powerful reminders about the similarities between endurance events and business. As accountants and business advisors, we’re always looking for lessons that translate into realworld value for our clients — and this experience delivered plenty. Start With a Clear Goal Our g... Sun, 05 Apr 2026 20:18:24 +1200 http://www.evansaccountants.co.nz/blog/#post163147 http://www.evansaccountants.co.nz/blog/post/161959/investment-boost-or-accelerated-depreciation--a-refresher/ From 22 May 2025, businesses in New Zealand can claim a new tax deduction called the Investment Boost when buying eligible assets.What is it?The Investment Boost lets you claim an extra 20% tax deduction upfront on the cost of a new asset in the year you buy it.  You depreciate the remaining 80% as normal.It doesn’t increase your total deductions over the asset’s life — it simply gives you more of the tax benefit earlier, improving cash flow.How It Works (Simple Example)Let’s say yo... Fri, 13 Mar 2026 15:44:49 +1300 http://www.evansaccountants.co.nz/blog/#post161959 http://www.evansaccountants.co.nz/blog/post/161928/dividends-and-retained-earnings--the-forgotten-frontier-for-companies/ Many businesses operate through a limited liability company structure. Each year, the profit the company has made for the year is either distributed to shareholders as a salary or kept in the company to be used for debt repayment or growth and this ends up in retained earnings.  Often a mixed approach is applied.If all profit has been distributed to shareholders as a salary each year, then there will be no retained earnings, and no dividends will be required to be paid out to the shareholde... Thu, 12 Mar 2026 21:31:00 +1300 http://www.evansaccountants.co.nz/blog/#post161928 http://www.evansaccountants.co.nz/blog/post/161377/end-of-financial-year-reminder-2026/ As the end of the 2026 financial year approaches, we thought it would be a good time to send a reminder about what’s required and allow you time to gather it, should it be buried with other paperwork. The period runs 1 April 2025 – 31 March 2026 and the information commonly requested (if relevant) is:PDF bank statement/s showing the closing balance at 31 March 2026.Loan summaries showing closing balances and interest deductions for the year ended 31 March 2026.Hire Purchase account tran... Tue, 03 Mar 2026 20:17:53 +1300 http://www.evansaccountants.co.nz/blog/#post161377 http://www.evansaccountants.co.nz/blog/post/157285/christmas-trees-farming-and-the-ets--a-quick-summary/ New Zealand’s Emissions Trading Scheme (ETS) is becoming a practical opportunity for farmers to earn income from carbon, especially on lowerproducing or erosionprone land. The core opportunity is registering eligible post1989 forest (or regenerating native bush) in the ETS so the farm can receive New Zealand Units (NZUs) as trees grow and store carbon.To qualify, forest land generally must be at least 1 hectare in blocks, capable of reaching 5 metres in height, with sufficient canopy cover and... Tue, 02 Dec 2025 14:13:52 +1300 http://www.evansaccountants.co.nz/blog/#post157285 http://www.evansaccountants.co.nz/blog/post/157007/what-ive-been-reading-atomic-habits-by-james-clear/ Lately, I’ve been feeling the pressure of juggling work, homelife, and the never-ending to-do list. So I picked up Atomic Habits by James Clear. This book isn’t just another productivity guide. It’s about how tiny changes in your daily routine can lead to massive results over time. The message is simple but powerful: you don’t need to overhaul your life to make progress. Just focus on getting 1% better each day. That idea really stuck with me. I’ve started making small tweaks — like... Fri, 28 Nov 2025 17:49:25 +1300 http://www.evansaccountants.co.nz/blog/#post157007