"There are no secrets to success. It is the result of preparation, hard work and learning from failure."- Colin Powell
Changes in the Personal Income Tax Thresholds
New tax thresholds are effective on 31 July 2024. These changes may affect your business if you employ people.
DVA Tax Letters
A heads-up for our clients with taxes to pay due on 28 Aug 2024, we will send out your Tax Letters very soon.
4 Ways to Stay in Control of your Business Budgeting
To stay in control of your finances, consider implementing these strategies.
The Now, Where, How Mindset
A Guide to Achieving Your Goals.
Changes in the Personal Income Tax Thresholds
The government has recently made changes to the income tax thresholds. To view the Personal income tax thresholds now and from 31 July 2024, visit our blog page: Budget 2024.
Do you use a payroll software? The IRD has worked with payroll providers to make sure they have the relevant information to update their payroll systems in time.
If you do not use payroll software, then you’ll need to ensure you start using the new tax tables when calculating PAYE. You can find these online at Inland Revenue’s website from 22 July 2024.
Need help with your Payroll?
Let DVA handle your payroll, saving you time and providing peace of mind so you can focus on growing your business. Our Payroll Services ensure accuracy and compliance with up-to-date tax laws and provide expert support. Book a 10-minute consultation call on the button below.
To our clients who have taxes to pay on the first Provisional Income Tax installment due to be paid on 28 August 2024, we will be sending out your Tax Letters very soon.
What to Expect:
Tax Letters in Your Inbox: Keep an eye on your email for your Tax Letter sent via support@dva.co.nz. The email contains payment instructions, including how to pay your tax and the amount due.
Staying on top of your tax obligations is crucial to avoid any penalties or interest charges. Our Tax Letters are designed to help you meet your deadlines efficiently and without stress.
Next Steps:
Monitor Your Inbox: Ensure you regularly check your email for the Tax Letter from DVA.
Review the Details: Once received, carefully review the payment information and instructions.
Make Your Payment: Follow the instructions provided to complete your tax payment by the due date 28 August2024.
If you have any questions or need assistance, our team is here to help. Don’t hesitate to contact us for support.
4 Ways to Stay in Control of Your Business Finances
Managing your budget effectively is important to successfully run a business.
Sales may be bringing in healthy revenues, but the income and profits you’re generating can quickly be eaten up if you’re overspending on operational costs, marketing campaigns, staff payroll or investments in new hardware and software.
On our recent blog, we listed 4 ways that can help you stay in control of your business finances.
In today's fast-paced landscape, it's easy to get overwhelmed by the amount of tasks and goals we set for ourselves. The Now, Where, How mindset is a powerful tool for personal and professional growth. By assessing your current situation, defining your goals, and creating a plan to achieve them, you can turn your aspirations into reality. Remember, the key to success lies in taking consistent action and adapting your plan as needed. Start today by watching our mindset video below.
Enhance Your Business with Mindset Tools
Want to have a smarter, better business? Don't miss your Annual Accounts Review meeting. Once your draft accounts are finalised, we will send them to you for review along with a link to book an Annual Accounts Review meeting. During this meeting, you can ask our team for mindsets that apply to your current situation.
