With the first provisional tax payment coming up for May balance date clients, it is timely to review the current Fonterra payout profile.

The Trusts Act 2019 comes into force on 31st January 2021. If you are a Trustee of a Trust or have a Trust – it is crucial that you are all up to date and ready for the changes.

Since March 2020 different wage subsidies have been available to employers.  We have summarised these for you.

From the 1st of October there will be changes to payments made at a Westpac branch or Smart ATM.

IRD have updated the determination for tax free working from home costs.

We have created some new R&M codes for small value assets and dairy shed related costs.

Legislation changes mean that beneficiaries with loans to Trusts of over $25,000 can be deemed settlors.

When preparing accounts we need to consider whether tree planting is tax deductible or capital expenditure.