Our services
Growth Strategies | Business Solutions
Businesses
Starting a business requires precise planning and accurate financial setup. MyTaxMate simplifies the process for you with the following services:
-
Help choose the appropriate business structure (sole trader, partnership, company)
-
Register your company with the Companies Office
-
Set up Inland Revenue accounts (IRD number, GST, and PAYE registration)
-
Establish a financial reporting system tailored to your business
-
Assist with bank account setup and bookkeeping software
-
Advise on business name registration and trademarking
-
Provide guidance on initial funding and investor relationships
-
Draft and submit compliance documents
-
Help you understand your ongoing tax and legal obligations
-
Managing your finances efficiently is key to success. Our accounting services ensure your business stays compliant and financially healthy:
-
Prepare annual financial statements
-
Perform regular bookkeeping services (daily, weekly, or monthly)
-
Manage accounts payable and receivable
-
Reconcile bank statements
-
Prepare management reports to track business performance
-
Offer budgeting and financial forecasting
-
Conduct cash flow management and analysis
-
Ensure compliance with accounting standards and reporting deadlines
-
Provide regular business health checks and financial reviews
-
Support in software selection and integration (e.g., Xero, MYOB)
-
Tax planning is vital to optimising your business’s financial performance. Our tax advisory services include:
-
Personalised tax planning strategies to reduce liabilities
-
Advise on structuring your business for tax efficiency
-
Prepare and file income tax returns
-
Plan for provisional tax payments
-
Maximize deductions and credits to reduce tax burden
-
Provide advice on tax implications for major business decisions (e.g., buying/selling assets)
-
Manage tax obligations for multi-entity businesses and trusts
-
Review and optimize your current tax situation for future savings
-
Handle IRD disputes and provide support during tax inquiries
-
Advise on changes to tax laws and regulations impacting your business
-
If your business faces an IRD audit or investigation, we are here to assist you at every stage:
-
Review and organise financial records for audit preparation
-
Act as your liaison with IRD officials
-
Represent you during meetings and communications with the IRD
-
Assist with document submission and queries
-
Provide guidance on how to respond to IRD questions or demands
-
Evaluate potential risks and prepare mitigation strategies
-
Analyze and address any discrepancies that could lead to penalties
-
Help negotiate resolutions or settlements, if needed
-
Ensure you comply with IRD deadlines and requests
-
Offer post-audit recommendations and future tax planning strategies
-
Let MyTaxMate take the hassle out of tax compliance and payroll management with comprehensive services:
-
Prepare and file income tax returns for businesses and individuals
-
Calculate and submit GST returns (monthly, bi-monthly, or 6-monthly)
-
Ensure correct GST treatment of sales, expenses, and capital assets
-
Set up and manage payroll systems (PAYE registration, staff payments)
-
Calculate PAYE, KiwiSaver, and other employee deductions
-
Submit payroll returns and payments to IRD
-
Reconcile GST and payroll payments to the IRD
-
Advise on tax treatment for employee benefits and allowances
-
Handle employee leave calculations (annual, sick, public holidays)
-
Provide support for end-of-year tax filings and PAYE reconciliations
-
Property Investors
Starting your property investment journey requires careful planning and sound advice. We offer:
-
Ownership Structuring: Guidance on selecting the best ownership structure for tax efficiency and asset protection.
-
Tax Deduction Advice: Clarity on expenses that are deductible for tax purposes, including advising impact of interest limitation rules.
-
Cash Flow Projections: Analysis to determine the viability of investment properties.
-
Bright-Line Test Guidance: Understanding how the bright-line test applies to your purchases and sales.
-
GST Registration: Assistance with GST obligations (if applicable).
-
For those managing rental portfolios, we offer ongoing support to maximize returns and remain compliant:
-
Portfolio Tax Planning: Strategies to optimize rental income and reduce tax liabilities.
-
Annual Tax Return Preparation: Accurate filing of rental income and expenses.
-
Depreciation Schedules: Assistance with claiming depreciation on chattels and assets.
-
Ownership Restructuring: Guidance on restructuring ownership to achieve long-term goals.
-
Tainting Risk Analysis: Ensuring compliance with rules that may affect long-term investments when combined with property trading or development.
-
For active property traders involved in buying and selling properties for profit, we offer:
-
GST Compliance: Advice on zero-rating rules and claiming GST refunds on property purchases.
-
Income Tax and Trading Income: Tax management to minimize liabilities while maintaining compliance.
-
Entity Structuring: Setting up the right business structure for efficient trading operations.
-
Advisory: Checking with clients on their due diligence on deals and ensuring they have budgeted their costs appropriately. Bringing in some science to property trading.
-
Tainting Advice: Managing the risk of trading activities impacting other property investments.
-
Property development comes with specific accounting and tax challenges. We provide:
-
Development Structuring: Advice on setting up entities to separate development activities and manage tax efficiently.
-
GST Compliance: Managing zero-rated transactions, GST refunds, and compliance with IRD rules.
-
Feasibility Studies: Financial modeling to evaluate project profitability.
-
Cost Allocation: Ensuring accurate allocation of development costs for tax and reporting purposes.
-
Advisory: Depending on the experience of the client, ensuring that clients have undertaken proper analysis on project viability.
-
Tax Opinions: Providing written tax opinions for clients who have more complex tax issues to address.
-
.png)
Help with IRD
When you engage MyTaxMate, you’ll work directly with an IRD expert who has a proven track record of achieving exceptional outcomes. Our experience includes handling complex audits, resolving tax disputes at the Taxation Review Authority, and representing IRD in court proceedings. Our services include:
Comprehensive guidance through every stage of an audit, from initial queries to resolution. We handle all correspondence, document reviews, and meetings with the IRD to ensure the best possible outcome.
Representation and advocacy at all levels, including preparation of Notices of Response, Statements of Position, and Taxation Review Authority cases. With experience as a witness for IRD in court, we know what it takes to build a strong case.
Assisting with negotiating payment plans, reductions, or settlements of outstanding IRD debts. We work to alleviate financial stress while ensuring compliance with IRD requirements.
Specialised advice and representation in complex tax avoidance cases, drawing on years of experience in IRD’s tax avoidance team.
Offering proactive advice to minimize your risk of audits, disputes, and other compliance challenges.
When you partner with MyTaxMate, you’re not just hiring an accountant – you’re gaining an ally with intimate knowledge of IRD processes and a commitment to delivering results. Let us handle the complexities of your IRD matters, so you can focus on what you do best.
.png)
Accountants and Lawyers
At MyTaxMate, we provide specialist tax advisory services designed to support accountants and lawyers in delivering the best outcomes for their clients. We understand that tax disputes, complex audits, and the need for detailed tax opinions can be challenging to navigate, which is why we partner with you to provide expert assistance without compromising your client relationships. Our services include the preparation of comprehensive written tax opinions, offering clear, practical, and defensible guidance on complex tax issues. We also assist in IRD audits and tax disputes, leveraging our extensive expertise to resolve matters efficiently and favorably. Whether it’s preparing submissions, representing clients during investigations, or negotiating with the IRD, we ensure that you and your clients are supported every step of the way. To protect and respect your professional relationships, we provide a written undertaking that we will not accept direct work from your clients without your full consent for a period of 12 months following the completion of the assignment. This ensures that our focus remains on enhancing your service offering and maintaining your client trust. With MyTaxMate as your trusted tax partner, you can confidently offer your clients comprehensive tax solutions while safeguarding your relationships and reputation.
.png)