New rules modernising GST invoicing and record-keeping requirements will apply from 1 April 2023. The key change is removing the requirement to issue and hold a “tax invoice” document (which meets certain prescribed requirements on details required), and instead...
With damage from the adverse weather events in Nelson, Marlborough, Far North and the Tasman having devastating effects, Cabinet have declared ranges of support for affected businesses, individuals and families affected by the floods. Find out if you qualify for any...
When Audit activity is being conducted by government revenue agencies, it can be costly and time consuming. Audit Shield provides for the payment of our professional fees otherwise payable by you when incurred as a result of our accounting firm being required to...
If you run a farming business, your income can experience some hard knocks with seasonal peaks and troughs, bad weather or other extreme events. Have you considered income equalization to help manage your tax and take some pressure off cash flow? To ease financial...
A major tax difference between commercial and residential buildings is that you can claim depreciation on commercial buildings. Depreciation for buildings was removed across the board in 2010, then reinstated – but only for commercial buildings – as part of a 2020...
