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Tax UpdatesTax Updates: 18 March 2024
Welcome to this week’s review of tax issues where Richard comments on what’s been happening in the world of tax over the past week. If you have a question or would like a second opinion on any national or international tax issues, please contact Richard via email at richard@gilshep.co.nz. Trustee tax rate increase to proceed Well, last week, […]
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Sailing makes you patient
In 2008 we moved from Pakuranga to Kohimarama. I noticed the Kohimarama Yacht club, a lonely grey wooden structure on the beach front of Tamaki Drive between St Heliers and Kohimarama. I did not expect that in the 10 years to come, we would be so involved with them. My daughter Crystal joined the club […]
Richard's Tax Updates: August
Richard has had over 25 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can […]
Expert Guidance on Valuing a Business
I am often asked “What’s the multiple for my business?”, “What’s the valuation formula?” or “Do I multiply my profit by three?” Unfortunately, business valuation is not this simple. Business value does not stand independent of the market it operates in, nor is the value just based on the profits generated by a business. I […]
Richard's Tax Updates: July
Richard has had over 25 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can […]
IRD Email Scam
There’s an email scam we’d like to warn everyone about – it looks like it’s from the IRD, but please don’t click the link. It’s a common method called ‘phishing’ used by fraudsters to collect someone’s personal information. The IRD investigate and taken action on reports of phishing. Click here to read more.
