Automation

You’ve no doubt heard of it, maybe you’ve even seen the effects of it - ‘automation’ is transforming the accounting profession! But what exactly is automation and what does this mean for a business’ finance function? 
 
read more

Short-stay accommodation

Inland Revenue (IRD) is currently consulting on tax obligations that arise on various forms of residential rental, such as renting out a room within your home, or letting property using a peer-to-peer platform, such as Airbnb or Bookabach. 
 
read more

Tax bounty

Wanting a job that is flexible? Well a tax informant may be the job for you! An increasing number of countries operate reward or bounty systems where informants receive payments for assisting revenue authorities. 
 
read more

Tax pooling

Inland Revenue (IRD) charges a high rate of interest on late tax payments (currently 8.22%), and in some circumstances the complexity of the provisional tax regime makes interest charges hard to avoid.
read more

Payments to shareholders

Broadly speaking, a payment from a company to a shareholder is likely to be a salary / wage or a dividend, and therefore taxable income. However, loans from a shareholder to a company and therefore loan repayments are also commonplace.
read more

Charities Working Group

The Department of Internal Affairs (DIA) is currently leading a comprehensive review of the Charities Act.
read more

Tax Working Group

The Tax Working Group (TWG) released its long awaited Final Report (‘the Report’) on 21 February 2019, following a 13 month review during which the Group received over 7,000 public submissions.
read more

Provisional tax: How to avoid being stung by the IRD interest rate rise

For many of our clients, the first instalment of provisional tax for the 2019-20 income year is due on 28 August – and the cost of failing to pay on time is set to increase.
 
read more

Pages

Subscribe to RSS - blogs