Christmas / New Year Office Hours
Our offices will be closed from 3pm on Friday 22 December and reopen 8 am on Monday 8 January 2018.
If you need to get hold of us urgently during the holidays please call the office on 07 927 1200 and you will be directed to the cellphone number of the duty partner. Support staff will be available from Monday 8 January 2018.
IRD checking compliance in the Kiwifruit Industry
The IRD has been visiting businesses in the kiwifruit industry as part of an initiative to raise awareness of current issues and improve compliance in the industry.
Cyber Fraud
A number of our business partners have been warning their clients of an increase in instances of attempted cyber fraud and we also wish to alert you to the potential risks in order to keep yourself and your assets safe from cyber-criminals
New FBT Rules for Shareholder-Employee Motor Vehicles
From the 2017/18 income year, companies will be able to provide motor vehicles to shareholder-employees for their private use without having to account for Fringe Benefit Tax.
Provisional Tax & Use of Money Interest
From the beginning of the 2017/18 income year, IRD has made changes to Provisional Tax and Use of Money Interest
Rural Businesses - Expenditure Changes
The IRD has announced changes to the tax rules around the deductibility of farmhouse expenditure. The changes relate specifically to sole traders and partners in partnerships who carry on a farming business. The changes apply from the 2017/18 income year.
Tax Calendar
28 September - GST returns and payments due
30 September - Student Loan repayments due for overseas-based borrowers
Are you using the correct PIR?
Using the incorrect Prescribed Investor Rate (PIR) for your KiwiSaver could result in you being required to file a tax return and pay extra tax.
Fringe Benefit Tax and Work-Related Vehicles
Fringe Benefit Tax (FBT) doesn't apply on days where a motor vehicle qualifies to be a work-related vehicle. To qualify, all of the following conditions must be met:
News from the Office
In his spare time, Ingham Mora Director, Neil Fullerton, manages the Mauao Men’s volleyball team; a team his youngest son plays in.
Entertainment Expenditure - gifts of food and drink
'Tis the season for staff Christmas parties, gifts to clients and bonuses / vouchers to staff for a job well done!
Make sure you treat these correctly for income tax purposes.