Articles and updates

On 10 September 2026, the Government introduced the Taxation (Annual Rates for 2026–27, FBT Simplification, Foreign Investment Funds, and Remedial Measures) Bill. As the name suggests, the headline measure is a long-awaited overhaul of how Fringe Benefit Tax (FBT) applies to employer-provided motor vehicles...

Since my last article, China’s new individual income tax rules for offshore trusts have moved from announcement to reality, and several of you have asked me variations of the same questions. I have spent a good part of the past few weeks reading the actual text, not just the summaries, because I wanted to give you real answers rather than a repeat of what is already circulating.

Most businesses have a set of professionals around them. A banker, an accountant, a lawyer, sometimes even a mentor. In my experience, those relationships almost always run as separate spokes, with the owner in the middle translating between them, usually imperfectly and under time pressure.

Directors’ fees & GST Inland Revenue has reissued its guidance on the GST treatment of directors’ fees and board members’ fees, replacing the three Public Rulings that have applied since 2023. BR Pub 26/01, 26/02 and 26/03, together with an accompanying Commentary, take effect from 7 August 2026 and set out when a director or […]

When an employee dies: what employers, executors and families need to know about tax The death of an employee is difficult enough for colleagues and family without the added complication of working out the tax treatment of any payments that follow. On 17 August 2026, Inland Revenue released Interpretation Statement IS 26/13, Income tax – […]