Articles

We’ve created a library of articles containing useful, topical information so you can learn key tips to help you grow your business and reach your goals.

If you have suggestions for new topics you’d like us to cover, feel free to send us an email with your feedback and comments to office@dnaca.co.nz.

Family Trusts in New Zealand: What You Need to Know

Family trusts are a popular tool for protecting assets, managing wealth across generations, and planning for the future. But how robust is your trust?

Is your Family Trust still fit for purpose?

Family trusts remain a valuable tool for asset protection and succession planning in New Zealand. But changes in legislation, family dynamics, and trustee responsibilities mean many existing trusts are no longer robust or compliant.

Budget 2025: The impact for your small business

Let’s take a look at the Budget 2025 announcements that will have a direct impact on your small business, and how these initiatives may help to drive your growth and investment.

Craig Nevatt – Author Profile

Craig Nevatt, CA, CPP, MInstD is a Principal at DNA Chartered Accountants and leads the firm’s trust advisory services. With over three decades of experience, Craig specialises in trust structuring, compliance, and governance, supporting families and trustees across New [...]

Working for Families in NZ: Do you qualify?

If you’re a parent or caregiver in New Zealand, you might be eligible for financial support through the Working for Families (WfF) scheme. Learn more...

Experienced Business Coaches

Are you driving your business or is it driving you? Many business owners start out chasing freedom – more time, financial security, and less stress. But without a clear strategy, that vision often fades into long hours, constant problem-solving, [...]

Edel Roughton – Author Profile

Edel Roughton, CA is DNA’s Business Development & Tax Manager, with a dual focus on strategic coaching and interpreting tax legislation. Drawing on her background in both public practice and corporate finance, Edel helps businesses grow while staying compliant [...]

Interest Deductibility NZ

Do you own rental properties in NZ? Stay up to date with the changes to mortgage interest deductibility rules and how they affect property investors.

Jeremy Fong – Author Profile

Jeremy Fong, BCom (Hons), CA, CPP is a Principal at DNA Chartered Accountants, specialising in day-to-day accounting, general tax compliance, and residential rental property tax. He advises individuals and small businesses on everything from GST and payroll to interest [...]

Christmas E-Book 2024

2024 has been a wild ride for many. Let's celebrate the highs and lows as we transition into the holiday period. Download our E-Book.

What It Means to Be a Sole Trader in New Zealand

Operating as a sole trader is one of the simplest business structures. However, it’s essential to understand the ins and outs of this structure.

Tax On Rental Income NZ

Want to understand more about tax on rental income? This guide will walk you through what expenses you can claim and what costs are not deductible in NZ

Is Your Payroll System Prepared for New Zealand’s 2024 Income Tax Changes?

The 2024 Budget introduced significant changes to personal income tax (PIT) brackets, affecting payroll systems throughout New Zealand.

Regularly Review Your Financial Reports!

Understanding the essential financial reports and the advantages of reviewing them can transform your approach to business management.

Buy or Lease Business Assets?

Should you buy or lease business assets? This choice can significantly impact your company’s cash flow, tax situation, and growth trajectory.

Understanding Business Income Tax

Confused about how business income tax is calculated and how to pay it? This guide will help clarify everything you need to know about business income tax.

Provisional Tax Explained

What is Provisional Tax? Who needs to pay Provisional Tax? How is it calculated? When does it need to be paid? We answer all of your questions here

Why You Should Hire a Chartered Accountant

Wondering if you really need to hire a chartered accountant (CA) or whether an accountant who is not a CA will be enough to support your business? This info will help you make that decision

Understanding the Balance Sheet and Why It’s Important

Learn 4 key areas of the Balance Sheet you should focus on to maximise success.

How to Choose the Best Chartered Accountant for Your Business

Choosing an accountant is a really important decision. Skip the random Google search and follow these simple steps to find the best chartered accountant instead.

Chartered Accountant or Non-Chartered Accountant?

Which is the best option for your business - a chartered or non-chartered accountant? Is there even a difference? Absolutely! Let's take a look

How To Sell A Business: The Process To Follow

Is it time to sell your business? A business sale requires careful planning and strategy. Stop wondering about how to sell a business by getting educated now!

How to Improve Your Customer Retention Rate

How to Improve your Customer Retention Rate – What is a customer retention rate and how do I calculate it and Improve it? Start here

What are my Duties as a Trustee?

Acting as a Trustee is a big responsibility, both legally and morally. There will be changes to Trustee responsibilities when the Trusts Act 2019 comes into effect on 30 January 2021. It’s imperative you know and understand your duties [...]

Selling a Business? Make it look Attractive for Sale

Selling a business can be an in depth process. You want to take the time to make it look as attractive as possible to potential buyers. Here’s how to do that…

What to Look for When Buying a Business

Considering buying a business? Great! But, before you jump in boots and all, there are a few things you should investigate first. Find out what they are here.

Frequently Asked Questions

Frequently Asked Questions - Thinking about hiring a chartered accountant to handle your accounting requirements? No doubt you'll have questions...

What is Management Accounting?

What is Management Accounting? Learn the differences between Financial and Management Accounting as well as typical duties and functions...

Staff Profile: Craig Nevatt

Craig Nevatt – Director of Drumm Nevatt & Associates, CA CPP MInstD. Read about his career history and experience…

Tax Compliance

Tax Compliance – How does a tax payer comply with the rules and why it is important to do so? Who has to pay tax and on what types of income? Learn more…

Financial Accounting and Reporting

What is Financial Accounting and why is it important?

Recession Proof Your Business

Worried about how the forecast recession could affect your business? Learn how to recession proof your business with these tips...

Financial Budgets & Forecasts

Want to know what financial budgets and forecasts actually are are and why they’re so important for your business? Find out here…

Understanding Cashflow

What Is Cashflow And Why Is It Important? A healthy business turnover does not necessarily mean your business is in fine shape financially...

Advantages of Hiring a Personal Accountant

Having a personal accountant for your personal finances may seem a bit extreme but there are many benefits that people often overlook...

Beating Inflation through Better Cashflow

You know that the cost of living and inflation affects your business, but do you have strategies in place to ensure your cashflow will keep up?

7 Tips for Debt Management

7 Top Tips for Debt Management – Do you find debt management stressful and intimidating? Read Craig Nevatt's top tips here…

Claiming Home Office Expenses

The short answer is yes, but its a little more complicated than that….

5 Tips to Reduce Business Costs

Want to learn the top tips to reduce business costs and increase profits? Read on...

Streamline Your Business

Business owners face the daily challenge of how to keep their business profitable and competitive as technology advances. One way to overcome that obstacle is by employing automation…

Accounting Best Practices

Accounting can be a challenging part of running a business - especially if it's something you're not overly familiar with. Here are 5 tips to get you started...

Before Filing Your Tax Return

These things will help you get organise and put measures in place to ensure you are minimising your tax obligations whilst ensuring you remain compliant...

Helping your child buy a house

Thinking of helping your child buy a house? There are pro's and con's, and many different options. Here’s what you need to consider first…

Achieving Financial Freedom

A path to achieving financial freedom involves more than just saving a little each month, it requires financial planning, goal setting and actionable steps to achieve your objectives. Here are 5 tips to start you off...

Getting paid on time

Maintaining a healthy cash flow is essential for any business, therefore getting paid on time is also essential. Here are our tips on how to make this happen

Make Your Business More Profitable

You already know that it takes a lot of effort to make your small business successful, but what do you do when you feel like you are running in circles with no real progress to show for it?

Maintaining and Growing Your Customer Base

For businesses, especially new businesses, growing your customer base is much easier said than done. Here are 5 tips for growing and maintaining your customer base

Regain Control of Your Business

Has the current business climate got you feeling a little directionless in your business? Craig Nevatt shares three tools to regain control of your business.

Staff Profile: Jodi Taylor

Craig Nevatt – Director of Drumm Nevatt & Associates, CA CPP MInstD. Read about his career history and experience…

Interest Deductibility Changes 2021

September 2021 - The labour government has proposed changes to interest deductibility rules for residential rental properties.

Delay the Interest Deductibility Tax Change

As a registered chartered accounting firm, Drumm Nevatt & Associates has joined calls to delay the interest deductibility tax change. Too many uncertainties make it unclear how much it will cost investors!

Accounting Tips for New Businesses

Accounting Tips for New Businesses – Want to ensure your startup succeeds? Learn tips from business experts DNA Accountants now!

cashflow is key to small business growth

Cashflow Management is Key to Small Business Growth

Cash flow management is one of the most important aspects of running a small business. It gives an accurate indication of the business’s health

Take Control of Your Business Finances

Build a better business with industry expertise and tailored specialist financial advice. Start Now!

Residential Property Tax Changes October 2021

“These changes fail property investors and tenants alike” This article covers comments and observations by Craig Nevatt

Joining Kiwisaver

Thinking about joining Kiwisaver? Check out our quick guide with a few key things you should know.

Grow your business

Grow your business with Accounting Specialists Drumm Nevatt & Associates Limited. We are dedicated to helping people build better businesses.

Ring Fencing of Rental Losses

There is no longer the ability to offset rental losses against other employment or business-related income. So what does this mean for investors?

Changes to the Privacy Act

The Privacy Act 2020 aims to keep people’s personal information safe and secure online and offline, therefore it's important to understand the changes that came into force on 1st December 2020...

New Trustee Act

Are you a trustee of a Trust? The Trusts Act 2019 (Act) received Royal Assent on 30 July 2019 and will replace the Trustee Act 1956 and the Perpetuities Act 1964 effective from 30 January 2021. The changes are [...]

Capital Gains Tax

The Labour Government appointed Tax Working Group (“TWG”), headed up by former Labour Minister of Finance, Hon Sir Michael Cullen, is currently undertaking the fifth major review of the New Zealand tax system in the last 50 years.

Streamline Your Business with a Registered Chartered Accounting Firm

Make the call today and trust your finances to our team of Chartered Accountants & Business Advisors

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