The financial impact that COVID-19 has had and will continue to have on businesses is only just unfolding.

How to Download a .QIF file so that you can send us your electronic bank statements.

The recent emphasis on mental and physical health in the media, it is time we turn our attention to our habits during the 40-odd hours we spend at work.

Explore the intricacies of tax-deductible entertainment expenses in our comprehensive guide. From corporate events to deductibility rules, navigate with confidence.

Did you buy land with the intention to sell?

If you bought land with the intention to sell, expect to pay tax on the profits. It doesn’t matter how long you own the property prior to sale, the intention test overrides other land taxing provisions including the bright-line test for residential land. There are, however, exclusions for the family home and for business premises.

It is with great pride that I write to you with news of the appointment of my daughter Kylie Liew as a fellow Director of Giles & Liew Chartered Accountants.I founded Giles & Liew back in 1997 out of a desire to balance a career with family

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.

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.

As an employer, you are responsible for keeping accurate wage, time, holiday and leave records that comply with the Employment Relations Act 2000 and the Holidays Act 2003.