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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The ACC levies have been set by regulation for the 2019-20 and 2020-21 tax years.
It's time to shift to payday filing. Remember, by law all employers must switch to payday filing by 1 April 2019.
NZ Inland Revenue is improving services in myIR for managing your GST, with new services available in early 2017.
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.