INSIDE THIS EDITION

Corporate governance for small 

businesses 1

Court case - tax avoidance arrangement 2

Generation Z – our future workforce 3

Property sales - business premises 

exclusion 3

Snippets 4

Wacky business ideas 4

Times are changing 4

Corporate governance for small b...

Family Trusts are used widely in New Zealand; often being viewed as beneficial for asset
protection and to keep assets in the family for future generations. A reason for their popularity
has been the relative simplicity of the legal and tax regime. However, the rules a...

INSIDE THIS EDITION
Saving time and cost with tax 1
Working remotely 2
Residential bright line 3
Finicky Bothersome Tiresome (FBT) 3
Snippets 4
New provisional taxpayers beware 4
US tax rules 4

Saving time and cost with tax

Various tax concessions exist that can save sig...

It is common for disagreements to arise between taxpayers and Inland Revenue on the GST
treatment of land transactions, but less common for these disputes to arise between a vendor
and purchaser. However, this was the case in a recent High Court case, Holdaway v Ellwoo...

Inside this edition

Tax Working Group 1

Charities Working Group 2

Payments to shareholders 3

Tax pooling 3

Snippets. 4

Tax bounty................................................ 4

Short-stay accommodation........................ 4

Tax Working Group

The Tax Working Group (TWG) r...

You’ve no doubt heard of it, maybe you’ve even seen the effects of it - ‘automation’ is
transforming the accounting profession! But what exactly is automation and what does this mean
for a business’ finance function?
In a world without automation, finance staff spend t...

INSIDE THIS   EDITION

You versus your Trust 1

GST and land sales 2

When is a gift not a donation? 3

Winding up a company 3

Snippets 4

GST on low value imported goods 4

Sugar Taxes 4

You versus your Trust 

It is common from a layman’s perspective to not appreciate the rel...

As the festive season becomes nothing more than a distant memory, those of us lucky enough to
have enjoyed some time off have been hit with the reality of returning to work. If you find your
employees are feeling a bit blue following the end of the holiday season, rest...

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...