TAX CHANGES AFOOT

By garreth | November 6, 2017

TAX CUTS Tax changes afoot! But what? Currently (in mid-2017), the tax thresholds are as follows (before the 39% rate of 2021 was introduced):   As you may recall, these were to be changed. However, due to a change of government, there will be no change to these tax rates. There will no doubt be…

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USING HELLOSIGN

By garreth | August 28, 2017

USING HELLOSIGN Using Hellosign: Over the years we tried various document signing solutions. The best we have found so far is HelloSign. How do you use it?  See the video below. Do you need a Dropbox account? No! Just click the link you receive in your email to sign. NEED HELP? Do you need help?…

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HOW TO EXPORT FROM .NUMBERS TO .XLS

By garreth | June 29, 2017

First, open your sheet on your iPhone or iPad. Next, touch the three dots at the top right-hand corner Then, choose Send a Copy​Touch Excel Lastly, email to us or share to your Google Drive or Dropbox.com, then share to office@epsomtax.com

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COMMON QUESTIONS ABOUT TAX POOLING

By garreth | May 25, 2017

If you have to pay provisional tax, then there is a good chance you’re using tax pooling, courtesy of Tax Management NZ (TMNZ). We’ve collected a few common questions here to help. If your question is not here, please see this page or contact us. WHY IS IRD CONTACTING ME ABOUT OVERDUE TAX IF I’M USING TAX POOLING?…

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SHARPEN YOUR AXE!

By garreth | March 8, 2017

What does this have to do with your tax? Well, we might have asked you to supply information, clarify a request etc etc. We know you’re busy!  But we don’t hear from you promptly. Instead, it drags on and on. Frankly, that doesn’t help you, us, anyone! So, what we ask is this1. stop for a…

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RENTAL PROPERTY: ARE LEGAL FEES DEDUCTIBLE?

By garreth | August 4, 2016

The answer is maybe.  It really depends on your circumstances. If  you are in the business of renting properties, and your total legal expenses for the income year are $10,000 or less then you can claim legal fees. If they are over the $10,000 mark… well, in rental residential property that is highly unlikely! Please…

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HEALTH & SAFETY AT WORK ACT 2015 – ARE YOU READY?

By garreth | July 18, 2016

Most people and business owners have no idea.  Fear not! Would you like:1.    It explained in plain English? Translated to your particular circumstances?2.    To know how to comply with minimal time and cost commitment?3.    Real life practical examples of what to do, and what not to do, and4.    Tips and tricks on how to approach health…

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RENEWING/APPLYING FOR A SPECIAL TAX CODE: WHY & HOW?

By garreth | January 25, 2016

APPLYING (FOR THE 1ST TIME) If you are making a loss on your rental properties or self-employed income, and you are also paid wages or salary, then you might want to think about applying for a special tax code.#  Why?Well, usually you wait until the end of the financial year, then your accountant submits a tax…

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