As the festive season approaches, many New Zealand businesses embrace the spirit of giving—offering gifts to clients, suppliers, and employees to show appreciation and strengthen relationships. While generosity is commendable, it’s essential to understand the tax implications of gift giving, especially around Christmas when such gestures are more frequent. The rules apply year-round, but the holiday season often brings them into sharper focus.

If you’ve been following the news, you’ve probably heard a lot about falling mortgage rates in New Zealand. But what about business lending? While the spotlight’s been on homeowners, business owners are quietly navigating a changing credit landscape of their own—and it’s a mix of opportunity and caution.

New Zealand’s Inland Revenue (IRD) has significantly intensified its debt collection activity, signaling a clear end to the lighter touch used during the pandemic. With the nation’s overdue tax debt estimated to be around $10 billion, the department is now moving "full throttle" to recover these outstanding amounts from both individuals and businesses.

New Zealand’s 2025 'Growth Budget' signals a strong governmental pivot toward boosting business productivity and investment. The centerpiece of this strategy is the Investment Boost tax incentive, designed to encourage firms of all sizes to acquire new productive assets.