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Archive by tag: liquidatorReturn

Is Ignorance Bliss?

In relation to corporate failure, there are some common misconceptions about the liability of company directors.

Cryptocurrency and tax

6/27/2018 2:42:00 PM

Over the last decade, the use of digital or virtual currencies, known as “cryptocurrencies”, has grown dramatically in popularity. A single piece of Bitcoin is currently valued at over $9,000 NZD.
Reimbursing allowances

6/25/2018 2:30:00 PM

On 3 April, Inland Revenue issued a draft ‘Questions we’ve been asked’ (QWBA) covering the tax treatment of allowances and benefits paid or provided to farm workers.
Bright-line breach warning

6/21/2018 2:26:00 PM

The bright-line test came into force from October 2015, introducing rules that a profit derived on the sale of a residential property is subject to tax if sold within two years of purchase, albeit sub...
Ring-fencing rental losses

6/18/2018 2:20:00 PM

Labour’s pre-election manifesto proposed to increase the fairness of the tax system and improve housing affordability. In the six months since the Labour-led coalition entered Parliament, we have sta...

How secure is Xero?

11/13/2014 8:41:06 AM

A question I hear often is “How safe it Xero?” This often comes up when I am chatting with a client about whether or not they want to use it.
IT system revamp for the IRD

11/11/2014 12:43:44 PM

The IRD’s current IT system was developed back in the 1990s, before Microsoft Windows and smart phones.
Mixing Business with Pleasure – Deductibility Of Companion's Travel Expenses

11/13/2014 8:31:51 AM

Taxpayers often travel away on business and take a companion to accompany them. As a taxpayer, travel expenses incurred in the course of earning assessable income can be deductible provided there is s...
Are you still taking up valuable time by using the old PAYE books?

11/11/2014 12:42:27 PM

Well now you can cut your time in half by using Thankyou Payroll.

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