by Munro Benge | Feb 20, 2019 | Technical Updates
Draft Question We’ve Been Asked PUB00343: Depreciation — change of use event has been released for consultation. From the summary: This item considers whether depreciation recovery income may arise for a business that becomes a charity and begins deriving exempt...
by Munro Benge | Feb 20, 2019 | Technical Updates
The Beehive plans to release a discussion document on the taxation of cross-border services provided by foreign companies. The OECD is currently developing an international tax solution in this area, but the Beehive says it wants to move ahead with an interim solution...
by Munro Benge | Feb 20, 2019 | Technical Updates
On Tuesday 19 February, the Minister of Revenue, the Hon Stuart Nash, introduced two supplementary order papers (SOPs) to the Taxation (Annual Rates for 2018–2019, Modernising Tax Administration, and Remedial Matters) Bill, which was introduced on 28 June 2018 and...
by Munro Benge | Feb 19, 2019 | Human Resources, Technical Updates
Here’s what it means for you. #FACT New Zealand police respond to 270 domestic violence incidents every day and it’s estimated that’s only the tip of the iceberg – with 80% of incidents going unreported. #FACT Did you know domestic violence already costs New...
by Munro Benge | Feb 19, 2019 | Human Resources, Newsletters, Technical Updates
Hundreds of Kiwi business owners are enjoying the benefits of payday filing – are you? If not, you’ll need to be by 1 April when payday filing becomes compulsory. Now’s the time to work out how you’re going to integrate it into your payroll processes and save...
by Munro Benge | Feb 14, 2019 | Budget 2019, Newsletters, Technical Updates
On 13 February 2019, the Minister of Finance, the Hon Grant Robertson, announced that Budget 2019 will be delivered on Thursday, 30 May 2019. The Minister said that “this year’s Budget will be the first to use the Coalition Government’s new Wellbeing approach,...
