INSIDE THIS EDITION

Tax Working Group Interim Report 1

Payday filing 2

Engagement 3

R&D tax incentive - framework

confirmed 3

Snippets 4

Royals in NZ 4

Anti-Money laundering regulations 4

Tax Working Group Interim Report

The Labour Government established the Tax Working Group...

Many of the costs associated with running a business can be claimed as a tax-deductible expense, but not all. The Income Tax Act dictates that to be deductible, expenses must be incurred in the course of deriving assessable income, or in running a business.

Bad debts ar...

Inside this edition

Four-day working weeks 1

Proposed tax changes 2

Holiday pay 3

Proposed R&D tax credit 3

Snippets 4

Takeaway? 4

Parental leave 4

All information in this newsletter is to the best of the authors' knowledge true and accurate. No liability is assumed by the aut...

The global economy is seeing New Zealand (NZ) taxpayers invest in overseas companies. However, many people acquire foreign investments without understanding how they will be taxed. Taxpayers that purchase shares in a foreign company should ensure they are familiar with...

Inside this  edition

Health in the workplace. 1

Ring-fencing rental losses 2

Bright-line breach warning 3

Reimbursing allowances 3

Snippets. 4

Cryptocurrency and tax............................. 4

Commonwealth Games............................. 4

All information in this newsle...

Dividend stripping

Business structures tend to evolve gradually over time, and many successful commercial operations
grow by adding additional companies or trusts on an ad hoc basis, until the resulting structure
becomes somewhat unwieldy. There is then a need to strea...

Inside this edition

Internet of things. 1

Mixed use assets 2

Mini-Budget – families package 3

Loss offsets and subventions 3

Snippets. 4

After work drinks....................................... 4

Auckland Transport.................................. 4

All information in this ne...

There is a growing trend for businesses today, whatever their size, to move to the “cloud”. The cloud is an online platform to make data and software accessible, anytime, anywhere and from any device. Gone are the days of being chained to your desk in a small cubicle....

INSIDE THIS EDITION

Technology and R&M 1

Accommodation allowances 2

Team development 3

Voluntary disclosures 3

Snippets 4

Sneezing colleagues 4

Holding gold 4

Technology and R&M

The condition of New Zealand’s housing stock was hotly debated during the lead up to the election....