Accountant for Real Estate Agents
Accounting & Tax Support for New Zealand Real Estate Professionals
Commission income can vary from month to month, so keeping on top of GST, income tax and cash flow is important.
What real estate agents deal with
Most salespeople work as independent contractors, paid by commission with no tax deducted. Setting aside tax and claiming the right expenses are the key issues.
Tax on commission
Commission is usually paid without tax deducted, so provisional tax and planning are important to avoid a big bill.
GST registration
Once your commission income passes $60,000 in 12 months, GST registration is compulsory. We can manage your returns.
Vehicle and marketing costs
Vehicle running costs, phone, marketing and fees can generally be claimed for the business portion.
Irregular income
Sales do not arrive evenly. We help you plan cash flow and tax payments around your pipeline.
How we work with you
STEP 1
Initial call
We talk through your business by phone or video call and agree what you need.
STEP 2
Simple onboarding
We set up authority with Inland Revenue and access to your records or Xero.
STEP 3
We do the work
Bookkeeping, GST, payroll and year-end accounts are prepared accurately and on time.
STEP 4
Ongoing support
You get clear explanations, reminders before deadlines and help whenever questions come up.
We work with clients throughout New Zealand by phone, video call and email.
Common questions
How much should I set aside for tax?
It depends on your income and expenses. We can estimate your tax and suggest an amount to put aside from each commission payment.
Can I claim home office costs?
If you work from home, a portion of household costs can usually be claimed. We will help you work out a fair percentage.
Can you help a new agent get started?
Yes. We can help with IRD registration, GST, record keeping and your first-year tax planning.
This page provides general information only and is not advice for your particular situation. Tax rules can change. Last reviewed: October 2026.
Yugraj Singh Mahil Chartered Accountants Limited can help with:
GST returns
Annual accounts and income tax returns
Provisional tax planning
Xero and bookkeeping
Business expense reviews
Vehicle and home-office expenses
IRD correspondence
Cash-flow and tax payment planning
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We can help you set up your accounting, GST, Xero and record-keeping correctly from the beginning.
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If you decide to change accountants, we can manage the professional handover process for you.
Business Support
Talk to a Chartered Accountant
Yugraj Singh Mahil CA
Practical accounting and tax support for New Zealand real estate agents and salespeople.