This article provides a comprehensive overview of key US tax deadlines for businesses and individuals in March 2018. Stay compliant and avoid penalties by ensuring you meet all filing and payment requirements on time.
IRD into Stage Two of Business Transformation
The IRD has been working hard to be easier to do business with. It’s new tax system is currently kicking in, giving you new and simpler ways to manager your GST obligations through myIR.
Enhancements include the traceability of GST transfers and Notifications and Alerts sent when there is something for you to do in your myIR account.
Business Structuring and Tax Planning Ensuring your business and personal affairs are structured into the appropriate legal entity structures (such as a sole trader, partnership, company, LTC or trust etc.) […]
The Minister of Revenue has confirmed the bright-line test on residential property sales will be extended from two years to five years. At present, income tax must be paid on […]
When a new government takes office, business owners often wonder about potential tax changes. Revenue Minister Stuart Nash addressed this concern at Chartered Accountants Australia and New Zealand last November. He emphasized the need to assess if our current tax system is suitable. Shortly after, the government established a tax working group, led by Sir Michael Cullen. The group’s scope encompasses various aspects, notably GST and the overheated housing market.
Provisional Tax and GST are due on 15 January
The timing of these payments isn’t ideal as many of you will be indulging in the delights of summer. But it’s important that you don’t neglect your tax obligations – especially as Inland Revenue will charge 8.22% interest and late payment penalties if you don’t pay the tax you are required to pay on time.
The holiday season is a time for rest and celebration, but don’t forget about your payroll obligations! This article provides tips for ensuring a smooth holiday period for both you and your employees/contractors. Learn about planning payments in advance and automating them for a stress-free break.
As the year draws to a close, we find ourselves reflecting on the year that’s been. As we like to say, your financials tell us your story and as your […]
Wishing you a safe and happy Christmas and a sun-drenched New Year! Our office will be closed from midday Thursday 21st December and will be re-opening 9am Monday 15th January […]