Words about numbers

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.

Fonterra has made some changes to their Advance Rates. Read more to see the key changes which apply from 1st June 2020.

Trust legislation has had a makeover. So what has changed?

The small asset threshold has increased meaning that you are now able to claim a full deduction for more low value assets.

While preparing your 2020 annual records, it is a timely reminder to include any info you have regarding installation of any insulation or heating.

IRD have released a further determination for tax free working from home costs, relating specifically to COVID-19.

Do you own a rental property? Please keep in mind that rents cannot be increased until the end of September 2020.

The Government is working through legislation to ensure farmers whose herds were culled will not face an undue tax burden.

Do you live offshore and are thinking of selling your residential property in NZ? The RLWT rules might apply to you.

From 1st July 2020 the paid parental leave entitlement from the government has increased to 26 weeks. 

Following the recent shift to COVID-19 Alert Level 1, our offices are now fully open. 

Access your copy of the averages from our clients’ dairy Farm Statistics for the 2018/2019 financial year.