Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.
While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.
President Trump's aggressive tax reforms may not take effect until 2018.
Alliott Group member firm Bowman & Company explains why and what this could mean for global trade.
Xero is taking one step more to make filing returns a breeze- with new E-Sign feature. We outline how.
Chronic bad payers of tax – take heed.
NZ Inland Revenue is going to have the power to disclose tax debts to debt collectors.
In essence, providing food and wine gifts are only 50% deductible. Historically there has been ambiguity around this but as of 1 September 2016 it is definitely only 50%. (This is of particular relevance to real estate agents.)
Where are the highest rates of corporate tax? And who pays none at all?
Discover what the French spend their “Google Tax” on and why Canadian cereal companies are so keen to put toys in their boxes.
We take a look at the IRD documentation requirements and how the rules may apply in unexpected situations as a result of the definition of “offshore RLWT” person".
Companies having 66% or more common shareholding can be grouped for tax purposes.
We briefly outline how it works.
Survey of Auckland tradespeople shows an Inland Revenue campaign highlighting cash jobs has hit home, with four in five believing they’ll get caught if they cheat on their taxes.
The survey of nearly 420 tradies shows that the message that doing under-the-table jobs is a tax crime is getting through.
Provisional tax is a way of paying your income tax as you receive income through the year.
You pay instalments of income tax during the year, based on what you expect your tax bill to be. The amount of provisional tax you’ve paid is then deducted from your tax bill at the end of the year.