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Avoiding nasty tax surprises
New Zealand’s cultural make-up has increasingly become more diverse over the last decade. We pride ourselves in being a very ethnically diverse country. The growth in the overseas-born population coincides with the higher migration over the last five to six years for various reasons (despite the temporary halt of migrants due to the recent resurgence […]
Time for an FBT (Fringe Benefit Tax) health check!
As we draw closer to the breezy autumn days of another tax year, the Fringe Benefit Tax (FBT) season is inevitably upon us. The recent increase to the personal income tax rate, which applies to income earned by individuals earning over $180,000, has also resulted in an increase to the FBT rates. Coupled with the […]