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.
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As expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.
The ACC levies have been set by regulation for the 2019-20 and 2020-21 tax years.
$2 billion a year Family Incomes Package announced, commencing 1 April 2018 that will make changes to tax thresholds, Working for Families and the Accommodation Supplement to help Kiwi families get ahead.
The Minister believes it is a first step towards simplifying the income tax system.
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.