http://www.cameronrolls.co.nz/blog/ The latest Blog feeds from www.cameronrolls.co.nz en-us Wed, 29 Apr 2026 17:17:10 +1200 Rocketspark http://www.cameronrolls.co.nz/blog/post/147229/when-is-something-new-investment-boost/ Investment Boost applies to ‘new’ assets. A new asset is something which first becomes available for use in New Zealand on or after 22 May 2025. There is an exclusion to ensure that an asset which is sold but has been used as trading stock is still eligible. For example, a car yard will have vehicles available to be test driven prior to sale. As these are being held by the car yard as trading stock (rather than a depreciable asset of the car yard), when that vehicle is sold to its first owne... Sun, 15 Jun 2025 22:15:52 +1200 http://www.cameronrolls.co.nz/blog/#post147229 http://www.cameronrolls.co.nz/blog/post/144519/why-its-a-smart-idea-to-prepare-financial-statements-for-trusts/ With the IRD upping the reporting requirements for trusts, it’s more important than ever to stay on top of your paperwork. Even if your family trust is considered non-active and isn’t earning income, preparing financial statements is still a smart move. Here’s why:- Keeping Records in Check: Trustees need to hang on to documents that show what the trust owns and owes—it’s part of the job.- Transparency for Beneficiaries: Beneficiaries have a right to know what’s going on with the tru... Tue, 22 Apr 2025 18:46:00 +1200 http://www.cameronrolls.co.nz/blog/#post144519 http://www.cameronrolls.co.nz/blog/post/144114/protect-your-business-with-smart-insurance-choices-a-guide-from-cameron-rolls/ Running a business comes with its fair share of risks, from unexpected disasters to cybersecurity breaches. At Cameron Rolls: Accounting, Advisory, and Virtual CFO, we believe that safeguarding your business is a critical step toward long-term financial success. To help you protect what you’ve worked so hard to build, we’ve outlined seven essential types of business insurance every business owner should consider. 1. Property Insurance If your business owns physical property—such as buildin... Fri, 11 Apr 2025 14:07:09 +1200 http://www.cameronrolls.co.nz/blog/#post144114 http://www.cameronrolls.co.nz/blog/post/138924/tax-guide-for-content-creators-in-new-zealand/ Navigating Your Tax Responsibilities with Cameron Rolls - Chartered AccountantsContent creation is an exciting and growing industry, with creators earning income from platforms like YouTube, TikTok, Instagram, and others. But as this industry grows, so does the IRD’s focus on ensuring creators meet their tax obligations. Here’s a clear and concise guide to help you understand your responsibilities.Am I Running a Business or Pursuing a Hobby?The distinction between a business and a hobby is c... Thu, 05 Dec 2024 16:00:41 +1300 http://www.cameronrolls.co.nz/blog/#post138924 http://www.cameronrolls.co.nz/blog/post/134426/virtual-cfo-and-business-mentoring/ “Do you ever wish your accountant was more than just a number-cruncher? How about having someone who mentors you and offers virtual CFO support, all while truly understanding your business? Let’s have a chat about how a new accountant can provide the personalised guidance and strategic insights you’ve been missing. Sometimes a fresh perspective is all it takes to take your business to the next level.”... Sat, 07 Sep 2024 14:10:24 +1200 http://www.cameronrolls.co.nz/blog/#post134426 http://www.cameronrolls.co.nz/blog/post/133970/numbers-help-with-answers/ Do we need more finance? Do we need more or fewer customers?Are we pricing our services correctly? Is now a good time to sell? When will we be able to retire and hand the business over to our kids? What are our goals and how will we achieve them? What services or products in the business are not performing? How can we achieve that competitive edge? What’s our tax plan?Have we identified our strengths and weaknesses?Do we have the correct business structure in... Sat, 24 Aug 2024 16:47:54 +1200 http://www.cameronrolls.co.nz/blog/#post133970 http://www.cameronrolls.co.nz/blog/post/133508/bright-line-property-changes/ What are they and who do they affect?Let's start with what is the Bright-line property rule.The bright-line property rule in New Zealand is a tax law that requires you to pay income tax on any profits made from selling a residential property within a certain timeframe after purchasing it if it is not your family home.Effective from 1st July 2024 the bright-line property rules change. Bright-line testing will only apply to properties sold on or after 1st July 2024 if the property is sold within t... Tue, 13 Aug 2024 21:59:59 +1200 http://www.cameronrolls.co.nz/blog/#post133508