News

In New Zealand, Chartered Accountants (CA ANZ) and accountants who are members of ATAINZ (Accountants and Tax Agents Institute of New Zealand) both work in accounting and tax, but they differ significantly in terms of qualifications, recognition, and the scope of work they can do.

Inland Revenue (IR) is trialling a new service to contact and help customers manage debt.

The pilot will see IR’s current third-party provider contact about three thousand customers who have a tax debt of less than $5,000.

Today (May 12) marks the fifth anniversary of the Small Business Cashflow (Loan) Scheme, and the point where loans should be paid off.

A new tax incentive – Investment Boost – to encourage business investment that lifts wages and grows the economy. Additional investment in health, education, law and order, and other frontline public services.

The words “Family Trust” can evoke all sorts of images; especially for those not familiar with them, but they are a valuable tool for many New Zealanders when it comes to asset protection, tax planning and inheritance/estate planning.

In New Zealand we have a number 8 fencing wire mentality. Why pay someone to do something that you can do yourself…?

If you are a New Zealand business seeking overseas investment, there are new requirements you’ll need to follow. Find out about the changes and what you need to do.

Paid parental leave is extending from 22 to 26 weeks from 1 July 2020. Here’s what you need to know.

The Government is moving to ease financial stress for around 149,000 taxpayers by changing the rules around write-offs for tax debt.

“Fewer people will have tax bills to pay this year,” said Revenue Minister Stuart Nash.

New measures that protect consumers who borrow from high-cost lenders and mobile traders came into effect on 1 June 2020.

Inland Revenue is warning customers to be wary of scammers during the 2020 tax refund season.

Small businesses that have turnover of less than $5 million a year can work out their provisional tax using the accounting income method (AIM).

Property Institute of New Zealand Chief Executive Ashley Church says the impact of the election on the New Zealand property market can already be largely predicted

Accountants may appear to be on the endangered species list in this era of rapidly-increasing automation