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.
Covid-19 Wage Subsidy
Since March 2020 different wage subsidies have been available to employers. We have summarised these for you.
Changes to cash or EFTPOS Payments at Westpac
From the 1st of October there will be changes to payments made at a Westpac branch or Smart ATM.
Working from Home Allowance Update
IRD have updated the determination for tax free working from home costs.
Repairs & Maintenance Codes
We have created some new R&M codes for small value assets and dairy shed related costs.
Trusts & Deemed Settlors
Legislation changes mean that beneficiaries with loans to Trusts of over $25,000 can be deemed settlors.
Tree Planting Expenditure – Deductible vs Capital?
When preparing accounts we need to consider whether tree planting is tax deductible or capital expenditure.
COVID Update – we are here to help
While we hoped it wouldn’t happen, our team is well prepared. Read more to see what the change in Covid levels means for our service to you.
Fonterra Payout – June 2020
Fonterra has made some changes to their Advance Rates. Read more to see the key changes which apply from 1st June 2020.
Trust Legislation
Trust legislation has had a makeover. So what has changed?