Bookkeeping Business Pathway

Foundations of New Zealand Taxation Law provides a clear and concise introduction to the policy, principles and practice underpinning New Zealand’s tax laws. Written by a panel of tax academics and tax experts in practice, this 2023 edition has been revised and updated to take into account significant tax developments up to 1 September 2022. Ideal for students seeking a straightforward explanation of the fundamentals of taxation law within a framework that provides context and historical background, the text includes a series of study questions at the end of each chapter to aid with preparation for exams and assignments. Foundations of New Zealand Taxation Law is designed to be used in conjunction with New Zealand Tax Legislation for Students.

“Buy now, pay later” is increasingly a facet of New Zealand life, and there is pressure on businesses to grant more credit to get more sales. So Now You Want to Get Paid! clearly outlines the important aspects of credit management and debt recovery. This book will give you guidance and practical techniques, helping you save money and minimise risk while providing you with industry-recognised practices to recover what you are owed. Endorsed by the New Zealand Credit & Finance Institute, the second edition of this popular book is an indispensable guide for businesses, their financial and legal advisers, and anyone else involved with credit management.

This practical guide covers not only bookkeeping essentials but also a range of accounting and taxation issues that tax agents and bookkeepers need to be aware of when dealing with their clients. It has a very practical approach, with numerous worked examples, diagrams, checklists, tables and FAQs. Topics covered include: overview of basic bookkeeping and accounting principles how to prepare a set of financial statements for clients key taxation principles that bookkeepers need to be aware of, including income tax, GST, and FBT guidance on the practicalities of payroll and KiwiSaver comprehensive examples on how to prepare a GST return under both the invoice and payment basis a list of commonly asked questions at the end of each chapter.

This practical guide covers not only bookkeeping essentials but also a range of accounting and taxation issues that tax agents and bookkeepers need to be aware of when dealing with their clients. It has a very practical approach, with numerous worked examples, diagrams, checklists, tables and FAQs.

Alastair McKenzie’s GST – A Practical Guide is widely considered to be the authoritative New Zealand text on goods and services tax. In addition to covering the broad framework and operation of GST in New Zealand, the book provides in-depth coverage of special problem areas and contentious issues regarding the application of the Goods and Services Tax Act 1985. The first part of the book sets out the broad framework and operation of GST in New Zealand. The second part provides in-depth coverage of difficult and contentious issues regarding the application of the Goods and Services Tax Act 1985. Topics tackled include: mortgagee sales, hire purchase, barter, nominations and assignments, s and refunds, rental properties, insurance, adjustments for mixed-use assets and periodic payments.

Administering the payroll is one of the most critical and demanding functions of a business. This comprehensive, easy-to-use guide clearly explains the essential components of all pay office functions and procedures. The book provides a simple and up-to-date explanation of legal and tax implications relevant for payroll purposes and is an invaluable resource for payroll administrators, business owners and advisers.

Providing a straightforward approach to New Zealand tax law, this guide covers all legislative and case law developments up to 31 December 2022, including: ▪ significant reform of the interest deductibility rules for residential rental properties ▪ further changes to the bright-line test, including tweaks to the main home exemption and a 5-year bright-line test for new builds ▪ modernising the GST invoicing rules ▪ introducing a new option for calculating fringe benefit tax ▪ the business continuity test for carrying forward losses ▪ penalising the sale or possession of sales suppression software ▪ rules for the GST and income tax treatment of cryptoassets ▪ extension of COVID-19 relief measures.

Fringe benefit tax (FBT) is arguably one of the most controversial and costly taxes for any New Zealand business to administer. The fifth edition of this practical book uses worked examples, case studies and checklists to illustrate the meaning of the law and the context in which FBT might arise.