If you use an area of your home for your business, such as your home office, garage or a workshop, you can claim a portion of the household expenses and reduce your tax bill. Don’t worry, claiming NZ home office expenses can be simple when you know how. All...
What are expenses and what does ‘claim’ actually mean? Expenses are the costs you incur in the day-to-day running of your business. At tax time, your total profit (the amount you need to pay tax on) is your taxable income minus the expenses you can claim — so the more...
