After 25 years of leading Giles & Liew Chartered Accountants, it’s time to step down as Managing Director, and to appoint my daughter Kylie Liew to the role.
In a final interpretation released on 7 July 2021, the IRD has concluded that in general, meal expenses for self-employed taxpayers are not deductible for income tax purposes, nor is […]
If you are intending on buying or selling a business, legislation that came into effect on 1 July 2021 will impact the process in which parties allocate the purchase price. […]
Concerns surrounding the potential claiming of personal expenses and not keeping logbooks or not keeping business records to support deductions, have been raised by the IRD. Where IRD have identified […]
After the dramatic tax announcements in March 2021, particularly in regards to the new 39% tax rate, extension of the Brightline rules to ten years and the progressive phasing out […]
The Bill to double the current sick leave entitlement, passed its third reading in Parliament this month. Accordingly, the Bill is expected to come into force mid July 2021. Upon […]
Your business could be stopped in its tracks if someone gained access to your account through hacking, phishing or other cyber attacks. The good news is that many data breaches […]
Learn about cash flow management, its ins and outs, knowing where your money goes, and tips & advice how to keep your business running.
Property investors targeted in Government’s latest announcements The Government has announced significant changes targeting property investors. These changes have significant tax impacts and could cause long-term loan serviceability issues. In […]