IRD are moving away from cheques… it’s time to start preparing for the changes to come.
IRD are moving away from cheques… it’s time to start preparing for the changes to come.
In March 2017 IRD released a change to the way that expenses can be apportioned and claimed for farming businesses. The new rules take place for the 2018 income tax year. Although these changes are specifically targeted at farming, all business owners need to be aware that IRD are starting to look closer at business/private apportionment's.
IRD have introduced the new GST MyIR platform, but this comes with a warning!
The Government announced some big changes this year and they are now already in effect…. road user mileage, residency, ACC levies and paid parental leave, these are just to name a few. Are you aware of the new rules and how they could affect you?
The Government has announced that businesses will need to provide their bank details for GST refunds to be direct credited into from February 2017.
What is the Earthquake Support Subsidy? How can I apply and who is eligible?
The IRD are focusing on undeclared cash jobs in the construction industry. Are you aware of the outcome of not declaring this income?... It could lead to tax penalties and/or criminal convictions.
We see a lot of data files and have noticed that many of them have some or all of the following issues. Without wanting to bore you to tears with all the details, here are five of the most common mistakes people make. Do any (or all) of the following resonate with you?
Are you involved in a charity/non-profit organisation/sports or hobby group but not sure about your tax obligations for your organisation? Then this FREE seminar may just be what you've been looking for. Come to this FREE seminar to find out what you need to know about tax obligations such as employing staff, GST, exemptions...and much more.
No-one enjoys having to go back to research and correct mistakes (although they are a fact of life). It is easy to make errors when reporting GST even with the best intentions of getting it right. Our aim is to minimise the incidence of these situations by helping you get it right the first time (and give you more time for more enjoyable activities).