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Author Archive
Understanding GST – A guide to the Goods and Services Tax
What is GST?
The Goods and Services Tax (GST) is a consumption tax charged on most goods and services in New Zealand. The current rate is 15%. GST is added to the price of taxable goods and services, and businesses are responsible for collecting this tax from their customers and paying it to the Inland Revenue [...]
Ensure your children, not their partners, keep their inheritances.
You’ve spent a lifetime building your wealth and carving out a piece of the world to call your own. Now, as you look to the future, you’re probably considering how best to ensure that your hard-earned legacy lands safely in your children’s hands. Amid concerns about inheritance possibly ending up in the wrong hands due […]
Business in China – what’s changed?
Shanghai Direct Supply Limited is an international trading company specialising in importing clothing and accessories, home textiles, and fabrics. The company was founded in New Zealand in 1991 by Nelson Lee, originally named Moving Free Trading. In the year 2000, Nelson’s son Kevin Lee joined his father, restructured the business, and it became Shanghai Direct […]
Wang Xinyu: Constantly ‘breaking the cycle’
Wang Xinyu, the man whose middle name may as well be ‘challenger’. Taking on ‘gaps’ and ‘larger than life problems’ is basically an essential part of Wang’s personality. From just 20 years old, his successful ventures began, and he was destined to live his life well outside of a ‘fixed comfort zone’. From Russian to […]
Chinese tax resident?
At the end of 2018, China amended its individual income tax law, effective from 1 January 2019. The new tax law stipulates that Chinese tax residents are required to pay tax to China on their worldwide income. Who is a Chinese tax resident? According to the new Personal Income Tax Law, tax residents comprise the […]
Your brain may cheat you, but your body will always be honest
Last September, I wrote my first article about starting my weight loss journey as a type one diabetic (you can read this article by clicking here). In one year, this self-proclaimed ‘exercise amateur’ now knows the ins and outs of exercise. At first, I never imagined I would be able to persist for so long. […]
Fitness is simply not in my genetics
Weight loss is something personal, something different for everyone; and as a middle-aged diabetic, it certainly was not an easy path for me. Times when I would rather lay back and watch my favourite TV show after a long day has been replaced by exercise. My favourite foods that make me salivate just by the […]