Home > Updates > Ensuring you are in the best possible tax health by 31 March 2024
With 31 March approaching, our “Year End Tax Planning Guide” draws your attention to year-end tax planning strategies and compliance issues you need to consider to ensure you are in the best possible tax health.
Taking into account the most recent tax changes, this Guide will focus on the most important issues to consider by businesses and individuals to best manage their tax exposure in respect of the 2024 income tax year. We also mention upcoming tax changes that may affect your tax position in 2025 or later income years.
Tax planning is about taking control over the amount of money in your pocket; managing risks and capitalising on opportunities to appropriately manage your tax exposure.
Whilst tax planning is all-year-round, leading up to 31 March heightens sensitivity to possible opportunities. This year features several new opportunities, as well as risks which we recommend you give attention to.
Please CLICK HERE to download the PDF.
If you would like to discuss any of the strategies mentioned in our Tax Planning Guide or would like us to perform a financial and tax health check on your business, please get in touch with your trusted Nexia Advisor.
If you are not already a Nexia client and you are looking for specialist tax advice or strategies for effective tax planning, contact us to explore how we can help.
Nexia is one of New Zealand’s best accounting and business advisory firms with offices in Christchurch, Auckland and Hawke’s Bay.