Articles & News

Own an AirBnb or Book a Bach? You need to know the new rules.

Due to the ease of earning additional income through short-term property rental, the IRD have implemented strict rules to monitor this activity and these could have major implications for you as a tax payer if you undertake such rental activity.

Published: Jul 28 2017

Read Article

So why did you go into business?

At BFA, we see it time and time again, that people go into business for the same reasons - they are passionate about what they do, they want to deliver a better service, they want to control their lifestyle, and of course achieve better financial rewards.

Published: Aug 01 2017

Read Article

Checklist for financial year end

March 31st is only a few weeks away and for many this is the end of your 2017 financial year. It is really important to us here at BFA to provide the support and information that you need to continue to operate successfully. In order to provide our best service to you, we use the year-end process to collate and filter through your information, then turning this into something of value to you and your business. During the preparation of Annual Accounts, we may even uncover opportunities that arose during the year, save you some tax or just simply make your job more streamlined so that you can concentrate on building success.

Published: Jul 28 2017

Read Article

Replacing company vehicles from 1st April 2017

Among the changes included in the Taxation (Business Tax, Exchange of Information & Remedial Matters) Bill; there is an amendment that allows close companies that provide motor vehicles to elect to apportion expenditure on motor vehicles the company provides to shareholder-employees between business use and private use as an alternative to paying Fringe Benefit Tax (FBT) on the motor vehicle.

Published: Jul 28 2017

Read Article