If you run your business from home, you can often claim part of your household costs as a business expense. The IRD calls this “Use of Home for Business” and it can help lower your tax bill.

The most common way this is worked out is below:

If you log in to Xero regularly, you’ll soon notice some changes. From September, Xero is rolling out a redesigned homepage (formerly known as the dashboard) along with redesigned navigation. These updates are designed to save you time and make important information easier to find.