May 2023 Tax Update
May 22, 2023
On 18 May 2023 the NZ Government presented their 2023 budget, including a proposed increase in trustee income tax to 39%. Read More
Continue ReadingOn 18 May 2023 the NZ Government presented their 2023 budget, including a proposed increase in trustee income tax to 39%. Read More
Continue ReadingIRD News – Increase in Use of Money Interest If you underpay income tax IRD charge you interest. And if you overpay your income tax they pay you interest. Sounds great, but the interest rates in each scenario are not the same…. Inland Revenue has recently increased their interest rates… Read More
Continue ReadingThe new trust disclosure rules were launched effective from 1 April 2021 and initially felt like an IRD witch hunt to “catch/punish” those who had had set up a trust. Initial IRD explanations were clumsy and poorly executed, which was not reassuring. Why have a trust? Most people set up… Read More
Continue ReadingCollaborative Law is a non-adversarial approach… As we know Covid has taken a huge toll on relationships, and the number of couples who are separating or divorcing is climbing. Many of these couples realised that their relationship had just come to a natural ending. They want to preserve as much… Read More
Continue ReadingWe go into business for all sorts of reasons – to be our own boss, redundancy, a bright idea, turning a hobby into a business, and so on. Very few start people with a strategic approach to their business. Once in business we “grow” the business through trial and error,… Read More
Continue ReadingLast week we explained that reviewing and redefining your core/shared values is a way to kick start your life and your business. You can read last week’s blog here. After clarifying your values, the second step for getting back on track is creating a plan. The beauty of… Read More
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