To audit or not to audit: That is the question for registered charities
Every registered charity in New Zealand faces the question of whether they ought to be audited. Let’s look at the determining factors…
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Every registered charity in New Zealand faces the question of whether they ought to be audited. Let’s look at the determining factors…
New Zealand employers who intentionally withhold pay from employees could now face hefty penalties: Imprisonment for up to a year and a fine of up to $30,000.
Minister of Finance, Nicola Willis, presented her second budget this afternoon.
Businesses like right-leaning governments. It’s no surprise that approval for the Government’s economic management has shot up since before the last election, when leaders’ approval ratings had plummeted almost to single figures in our Baker Tilly Staples Rodway polling.
A limp economy has brought little relief to New Zealanders despite a shift in tax brackets, according to this year’s Tax Freedom Day calculations. Kiwis are set to spend 135 days paying tax this year, a day more than in 2024.
Our 2025 pre-budget survey has revealed a mixed business scorecard on the Government’s performance. Business optimism ahead of this year’s Budget is markedly better than it was pre-election, but the overall report is "could do better".
Inland Revenue has released an exposure draft on not-for-profit (NFP) transactions – including a proposal that threatens the existence of some small clubs and societies across New Zealand…
What happens when you have an employee who is physically “on the job”, but is unwell or emotionally or mentally preoccupied?
Kiwi trusts increasingly include beneficiaries who have crossed the ditch and become Australian tax residents. So, before providing any payments, distributions or benefits to them, the trustees need to be cautious about the potential Australian tax costs for those beneficiaries.
In New Zealand’s dynamic agricultural sector, advisory boards are increasingly vital for farming businesses seeking to thrive amidst evolving challenges and opportunities.
After 18 months of waiting, Inland Revenue has released its "Fringe benefit tax – options for change" officials’ issues paper for public comment.
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