The tax rate for family trusts is increasing from a flat 33% to 39% from 1 April 2024. Many Kiwis use trusts to build their retirement savings or pass on their wealth to the next generation and, without care on…
Income Tax deductions can be claimed for overseas travel costs but only to the extent that they have a connection with deriving assessable income or carrying on a business.
Do you have foreign-sourced income or own offshore assets or investments? You could be liable for tax in New Zealand.
Trusts with assessable income have increased disclosure requirements from the 2021-22 income tax year. Does your trust comply?
FBT is a tax payable by employers on certain benefits provided to employees. Should your business be paying FBT?
Did you know that the government has announced several tax deductible allowances to make working from home easier for you and your employees?
In 2021, the government announced a number of tax changes affecting residential rental property investors. How do these changes apply to you?