Trusts & Deemed Settlors
Legislation changes mean that beneficiaries with loans to Trusts of over $25,000 can be deemed settlors.
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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.
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 has made some changes to their Advance Rates. Read more to see the key changes which apply from 1st June 2020.
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.
If your business is expected to make a loss in the 2020 or 2021 year, you can use that loss to offset profits you made the year before.