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.
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
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.
From the beginning of the 2017/18 income year, IRD has made changes to Provisional Tax and Use of Money Interest
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.
28 September - GST returns and payments due
30 September - Student Loan repayments due for overseas-based borrowers
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 (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:
In his spare time, Ingham Mora Director, Neil Fullerton, manages the Mauao Men’s volleyball team; a team his youngest son plays in.
'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.