by Munro Benge | Jan 18, 2019 | Newsletters, Property, Technical Updates
On the 16 January 2019, the Finance and Expenditure Committee reported back on the Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill (72-2). Introduced into Parliament on 28 June 2018, the Bill proposes modernising the...
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 | 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...
by Munro Benge | Dec 5, 2018 | Business Health Check, Newsletters
While the Christmas/New Year period is traditionally a slow time of year for business, you still need to meet your expenses. Ensure your bases are covered before you clock off for the year. 1. Plan ahead Do a budget to figure out how much you are going to need to...
by Munro Benge | Dec 5, 2018 | Business Growth, Newsletters
Many businesses start to worry about their bank balance around now. The holidays looming recall unpleasant memories of last year. All the regular expenses (wages, rent, suppliers and so on) are still due, but the people who pay you are either away on holiday or slow...
by Munro Benge | Dec 4, 2018 | Newsletters
Blackmail, extortion and identity theft might sound like something straight out of a blockbuster movie but cyber crime is not only a reality, it’s on the rise and research shows the average Kiwi business isn’t prepared. Is New Zealand really under threat, we’re so far...
