by Munro Benge | Dec 6, 2018 | Technical Updates
In its recent decision in McGuire v Secretary for Justice [2018] NZSC 116, 27 November 2018, the Supreme Court unanimously dismissed the appeal and also held that Joint Action Funding had been incorrectly decided by the Court of Appeal. Before Joint Action Funding,...
by Munro Benge | Dec 6, 2018 | Technical Updates
The High Court has held that the Commissioner was entitled to recover the costs contribution to expenses incurred on invoices raised by the Crown Law Office. The High Court noted the recent decisions relating to disqualification from recovery of any costs contribution...
by Munro Benge | Dec 6, 2018 | Newsletters
The Income Tax (Minimum Family Tax Credit) Order 2018 (LI 2018/239) comes into force on 1 April 2019 and increases the prescribed amount specified in s ME 1(3)(a) of the Income Tax Act 2007 from $26,156 to $26,572. The prescribed amount is used when calculating the...
by Munro Benge | Dec 6, 2018 | GST, Property, Technical Updates, Trusts
On 5 December 2018, the Government introduced the Taxation (Annual Rates for 2019–20, GST Offshore Supplier Registration, and Remedial Matters) Bill (114-1) into Parliament. The Bill is expected to have its first reading on 12 December 2018. The Bill introduces...
by Munro Benge | Dec 6, 2018 | Newsletters
Parties and gifts are all part of the festive fun but they can cost a small fortune. Here’s a list of the rules around entertainment expenses so you know what’s deductible and non-deductible before you fork out for your staff and customers. To claim 100% of your...
