Accounting Services
We’ll take care of the numbers
Account Pluz offers expert advice and support, quality accounting services, Xero setup, and round-the-clock support and advice for all your accounting needs.
What we offer?
Save on accounting advice. Don’t let income tax returns cause anxiety.
Full Xero integration – We help you with Xero set up.
Xero training for your and your team.
Enjoy round-the-clock support.
Sarjit brings your books up to date and for stress free tax returns.
Account Pluz services are designed for small businesses, from Uber drivers to professionals. Sarjit understands that income tax returns can be complicated and time-consuming and helps clients by freeing them to focus on running their businesses.
Accounts Pluz offers expert advice and support, quality accounting services, Xero setup, and round-the-clock support.
Contact Sarjit today to see how her accounting expertise can benefit your business.
FAQ
What is income tax returns in NZ?
Income tax returns in New Zealand are statements that individuals and businesses are required to file with the Inland Revenue Department (IRD) every year, reporting their income earned during the previous financial year. Here are some key points about income tax returns in NZ:
- Filing Deadline: The deadline for filing an income tax return in New Zealand is usually on March 31st of each year. However, taxpayers who use a tax agent may be granted an extension until June 30th.
- Income Sources: Income tax returns in NZ typically include income from wages, salary, self-employment, investments, rental income, and any other sources of income.
- Deductions: Taxpayers are allowed to claim certain deductions on their income tax returns, such as expenses related to running a business or investment property, donations to charity, and student loan repayments.
- Income Tax Rates: Income tax rates in NZ are progressive, meaning that the tax rate increases as the income level increases. As of 2021, the tax rates for individuals range from 10.5% to 33%, depending on the income level.
- Penalties: Late or non-filing of an income tax return in NZ can result in penalties, interest charges, and even legal action. It's important for taxpayers to file their income tax returns on time and accurately.