Words about numbers

We frequently see tax invoices across our desks for farm purchases/sales where the houses are recorded as zero-rated. This has potential negative tax implications particularly for the purchaser.

All Cashmanager customers must migrate to the new Farm Focus program by the end of the 2021 calendar year.

Year End Questionnaires will be going out soon. Just a reminder that all questionnaires that can be emailed, will be emailed.

From 1st April 2021 the minimum wage will increase. Find out what this means for your business.

Find out which items will assist us with preparing your financial accounts.

With the top individual tax rate increasing to 39% on 1st April 2021, we have been reviewing companies to consider whether a dividend should be declared before this tax rate change. Read more here.

Fonterra lifted their forecast payout on the 5th of March 2021. Read more to understand the tax impact.

Fixed Milk Price Contracts with Fonterra are treated differently from a cashflow and tax point of view. Click to learn more about how they are treated.

The Trusts Act 2019 comes into force on 31st January 2021. Read more to ensure that you are all up to date and ready for the changes.

The Inland Revenue has new information gathering powers relating to Trusts for the 2021 tax year onwards.

Early this month the Government introduced new legislation, which contains a number of tax changes, effective 1st April 2021.

To keep informed and up to date, find us on Facebook @GrahamBrownandCo

Our office will be closed over the Christmas/New Year period. Read more for further details.

Graham Brown & Co invites you to attend our complimentary seminar, with guest speaker, Glenda Graham from Norris Ward McKinnon.

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