And Lastly…
Some words of wisdom to end on…
Nordic Tax Records It’s often considered taboo to ask other people how much they earn. So what would you do if you could look up how much your colleagues, neighbours and friends make, all legally, online and for free? Well this is what happens in some Nordic countries! Norway has had an ‘open salary policy’
Snippets: May – July 2017 Read More »
On 8 December 2016, the Minister of Revenue, the Hon Michael Woodhouse, released the discussion document, “Making tax simpler — proposals for modernising the Tax Administration Act”. The document contains detailed proposals developed following the first round of consultation in November 2015. In November 2015, the Government released the discussion document, “Making Tax Simpler: Towards
Further TAA Consultation Announced Read More »
Farmhouse Expenses The IRD have long permitted a straightforward concession allowing a flat 25% deduction for farmhouse expenses, as well as 100% deductions for interest and rates. The concession is not legislated and dates back to the 1960s, when farm ownership and operating structures were generally less complicated than they are today. However, IRD recently
Snippets: Nov 2016 – Jan 2017 Read More »
Landlord’s Legal Obligation From 01 July 2016 new regulations came in effect that require landlords to have working smoke alarms in their rental properties. The requirements state that there must be a minimum of one working smoke alarm within three metres of each bedroom door, and in a self-contained caravan, sleep out or similar there
Snippets: Aug – Oct 2016 Read More »
Recently, there has been an increased level of sophistication on the part of Inland Revenue (IRD) when reviewing company windups. Important points to bear in mind when winding up a company are outlined below. Before applying to the Companies Office for removal from the companies register, a company should have discharged its liabilities to all
Winding up a Company Read More »
Fostering and supporting the well-being of all Taranaki rural people When circumstances beyond your control lead to a climatic, financial, environmental or personal crisis, the Taranaki Rural Support Trust is ready to help. Services are free and all calls are confidential. The Taranaki Rural Support Trust is part of a nationwide network of Rural Support
Taranaki Rural Support Trust Read More »
Over the last few months we have witnessed history, with the majority vote in favour of Britain leaving the European Union (EU). This was a surprise to many, and sent shockwaves around the world. In the days following the vote, the value of the pound declined substantially, and this instability may continue into the future
Witnessing History Read More »
With positive thoughts we experience pleasant and happy feelings. Unfortunately, in the midst of winter, it is easy to lose sight of our positive thoughts where the days are short, the temperature low and grey clouds surround us. However, it is important to make the effort to maintain a positive outlook on work, family and