9 March 2023

As we near the end of the income tax year in New Zealand, it is important to consider several tax rules such as deductibility, income derivation and the timing of these.

By acting prior to 31 March 2023, you could bring forward a deduction, or alternatively, gain a timing benefit from deferred income. Waiting until your accounts are drafted often limits your ability to benefit until the following year.

Join our experts, Jarod Chisholm and Stephen Richards, as they discuss what tax planning opportunities could be beneficial to you and the changes that have occurred in recent years.

Topics covered include:

• Bad and doubtful debts

• Inventory valuation and write offs

• Spreading of income and expenditure

• Employee entitlements

• Prepayments

• Fixed assets

• Tax payments

• Distributions and dividends