The land taxing provisions deem certain sales of land to be subject to income tax, subject to a limited number of exceptions. One such is exception is for ‘business premises’. However, the circumstances in which it applies can be a grey area. Hence, two recent ‘Questions We’ve Been Asked’ (QWBA) issued by Inland Revenue (IRD)…
Read more
In the Office…
Introducing our new staff… Sarah McIntyre I am a Chartered Accountant with over 10 years experience working in Public Practice accounting having previously worked for Tandem Group and then Baker Tilly Staples Rodway Taranaki. I also have a Bachelor of Commerce and Administration majoring in Accounting, having studied at Victoria University in Wellington. During my…
Read more
Snippets: Aug – Oct 2019
New provisional taxpayers beware Changes to the provisional tax regime, effective from the 2018 tax year, have generally been well received by taxpayers. Prior to the change, Inland Revenue charged interest from each provisional tax date if a taxpayer’s actual liability exceeded their ‘uplifted’ amount from prior year(s). This effectively meant taxpayers were required to…
Read more
In the Office…
Introducing our new staff… Clare Moss I joined the Hughson Team in 2018. My roles include preparation of Financial Statements and End of Year Tax Returns, GST Returns, and assisting with Payroll. Previously I have worked in Hospitality, Retail and Facility Management. I enjoyed the financial side of these jobs, so I went on to…
Read more
Facebook
Twitter
Google Plus