by Munro Benge | Sep 12, 2018 | Technical Updates, GST
The Taxation Review Authority (TRA) has dismissed a taxpayer’s challenge and confirmed the Commissioner’s assessments relating to PAYE obligations and income tax and GST liabilities. The background Between 1972 and 1994, the taxpayer was a sole trader trading as XYZ....
by Munro Benge | Jul 2, 2018 | Newsletters, Technical Updates, GST
On 26 June 2018, Inland Revenue released two Questions We’ve Been Asked (QWBA) explaining when a parent’s payment to a school will be a gift so that the school can issue a donation tax receipt to the parent. Also released was a public ruling relating to goods and...
by Munro Benge | Jan 31, 2018 | Newsletters, GST
IRD into Stage Two of Business Transformation IRD’s been working hard to be easier to do business with. As you read this, its new tax system is kicking in, giving you new and simpler ways to manage your GST obligations through myIR. Enhancements include the...
by Munro Benge | Dec 12, 2017 | Tax Pooling, Newsletters, GST
Provisional tax and GST are due on 15 January. The timing of these payments isn’t ideal as many of you will be indulging in the delights a summer break offers. But it’s important that you don’t neglect your tax obligations – especially as Inland Revenue will charge...
by Munro Benge | Dec 12, 2017 | Newsletters, GST
Are you planning a Christmas event for your clients? Is gift-giving on your to-do list? Take a minute to refresh yourself on what is deductible as a business related expense. Presents Are you thinking of gifts for clients, business associates or team members? If gifts...
by Munro Benge | Oct 11, 2017 | Newsletters, GST
Do you hate it when GST return time rolls around? If so, you’re in good company. For many business owners, the pain isn’t so much having to hand money over to IRD, but having to prepare and file a return. But that pain is easy to avoid. Here’s how: If we complete your...
