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Tax UpdatesTax Updates: 20 May 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. TCO Public Guidance Programme Inland Revenue (IR)’s Tax Council […]
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Buying a business
We come across many instances where people are looking to purchase a business. Sometimes they have a business, know what they are looking for, what they should be paying, and the areas they need to focus on for due diligence. Other times we have first time business buying queries. These are often focused around uncertainty […]
CGT thrown out the window – Land Tax implications?
As soon as the Tax Working Group released their interim report in September 2018, potentially recommending the introduction of a capital gains tax, human nature dictated that there would be those amongst us that would panic, and commence down a path of looking to dispose of any asset, particularly land, that could be exposed to […]
Musings at 40…
So, unbelievably (to me), I am turning 40 this month. I have always said that 40 is nearly dead. I am not dead, nor to my knowledge ‘nearly’ dead so have now decided to focus on all the experiences I have had, the values and beliefs I now hold that get me through life, or […]
New Zealand through the eyes of an old Chinese immigrant
In five years’ time, I will have lived in New Zealand for as long as I lived in China. Experiencing the two cultures first hand has given me great understanding from both perspectives. New Zealand as an immigration destination Deciding to leave everything behind, move to a new place and start a new life, requires […]
Entrepreneurship is hard, part 2: the breakup
Sometimes companies fail because they run out of money. That’s bad. You kinda need money if you’re running a business. It’s sorta important. Just as often, maybe more often, they fail because of the people. This can happen in any business, but it’s a pretty common start-up story – especially for tech start-ups. That’s not […]