The New Zealand Government has released a list of its taxation policy aims and goals for the next year, which are claimed will aid efforts to rebalance the country’s economy and strengthen its growth prospects. On October 29th New Zealand’s Government Tax Policy Work Programme 2010-11 was revealed by Bill English, New Zealand Minister of [...]

The New Zealand Government has released a list of its taxation policy aims and goals for the next year, which are claimed will aid efforts to rebalance the country’s economy and strengthen its growth prospects. On October 29th New Zealand's Government Tax Policy Work Programme 2010-11 was revealed by Bill English, New Zealand Minister of Finance, and Peter Dunne, Minister of Revenue, at a conference of the New Zealand Institute of Chartered Accountants. The Programme is prepared annually by the Minister of Finance ... Read More

A student has been sentenced to five months of home detention after being found guilty of using fake companies to receive GST returns of over NZD 40 000. Bing Liu, a student in Auckland, has been sentenced to five months home detention after he admitted to 15 separate charges involving GST fraud involving NZD 44 [...]

A student has been sentenced to five months of home detention after being found guilty of using fake companies to receive GST returns of over NZD 40 000. Bing Liu, a student in Auckland, has been sentenced to five months home detention after he admitted to 15 separate charges involving GST fraud involving NZD 44 350. He is alleged to have created 10 separate companies which were used exclusively to process fake expenses, and receive subsequent GST refunds. According to the Inland Revenue ... Read More

There are numerous perfectly legal and accepted ways to ensure that New Zealand taxpayers are not overpaying their tax liabilities and maximizing any existing tax benefits that the Government provides. Below is a list provided by an international tax adviser, Ed Kruger, explaining the easiest steps one can take to ensure that their taxes are [...]

There are numerous perfectly legal and accepted ways to ensure that New Zealand taxpayers are not overpaying their tax liabilities and maximizing any existing tax benefits that the Government provides. Below is a list provided by an international tax adviser, Ed Kruger, explaining the easiest steps one can take to ensure that their taxes are optimized and that they do not needlessly squander their money. Correct Tax Code For a PAYE earner, choosing the right tax code is the fundamental step to ensuring that ... Read More

Businesses across the Canterbury region are being offered extended help with their tax requirements in October, in case they are still facing difficulties after last month’s earthquake. The aftermath of Christchurch’s earthquake has been far reaching and devastating for many. Seismic aftershocks and the effects on businesses have been heavily detrimental for countless people across [...]

Businesses across the Canterbury region are being offered extended help with their tax requirements in October, in case they are still facing difficulties after last month’s earthquake. The aftermath of Christchurch’s earthquake has been far reaching and devastating for many. Seismic aftershocks and the effects on businesses have been heavily detrimental for countless people across the Canterbury region. The Inland revenue Department (IRD) has said that it appreciates the difficulty this places on many and is willing to offer help. The IRD issued a ... Read More