FBT reform delayed, but digital nomad and FIF changes are coming
Last week the Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures) Bill was introduced to Parliament.
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Payroll compliance, share schemes, motor vehicle tax, global secondment, employee benefits
Last week the Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures) Bill was introduced to Parliament.
Up to now people may have assumed Inland Revenue won’t have access to information regarding their use of offshore exchanges to trade cryptocurrencies.
Starting a new business can be an exciting yet challenging journey. Key factors like short start-up times, government policy, tax breaks and low corporate taxes play a crucial role in ensuring success.
Inland Revenue continues to produce commentary at pace on key issues, with the latest three draft items covering:
As you read this, Inland Revenue’s new AI software tools are trawling Land Information New Zealand’s "Landonline" database.
Instances that commonly went under-the-radar are now easy pickings for Inland Revenue.
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…
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