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IRD & TaxWhy sisters are better than parents: How to avoid the dreaded locked-in capital gain
New Zealand has an overwhelming fascination with using Holding Company structures in business. The Holding Company may be entirely passive or may undertake management services for its subsidiaries. Each subsidiary is likely to operate separate businesses or projects, which is particularly prevalent in the building, construction, infrastructure and IP industry segments but extends to almost […]
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A battle of wills – negotiation tactics
Imagine if you will, a boxing ring. The arena is dark, there is no audience and there are only four people present – the guy in the red shorts, the one in the blue shorts and a second for each boxer. The second for the boxer in the blue shorts has had many years of […]
The cost of relocating
I expect you have heard enough about wage subsidies and other financial impacts of Covid-19 on businesses and individuals. But it has also created, or sometimes forced, other lifestyle changes, including moving to a new house and/or city. Funnily enough, for me, Covid-19 meant my wife was approached for a great new role, BUT it’s […]
Richard's September 2020 tax updates
Richard has had over 30 years’ experience with New Zealand and International taxation. His team provide services including: Q&A service for accountants Tax opinions IRD risk reviews and audits IRD arrears International tax advice Below are articles from Richard’s weekly email ‘A Week in Review’ over the last month. You can sign up for his […]
GSTV: Business fatigue during lockdown
Gilligan Sheppard’s Michael Vukcevic facilitates a discussion with Evana Lithgow (from Working Minds) and our own Bruce Sheppard. Optimism can be dangerous, but so can panic which tends to leave you in a situation where you do nothing…
Going to seed – start-up funding during Covid
The initial lockdown forced business to adapt, Gilligan Sheppard were not exempt. Capital raising for early stage / start-ups is always challenging at the best of times. During lockdown Gilligan Sheppard was engaged to raise capital for a start-up, Ora Pharm, a new business in the recently legal and regulated medicinal cannabis industry. Michael, a […]
