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Tax UpdatesTax Updates: 27 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. Opting out of GST electronic marketplace rules Inland Revenue […]
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Your life can change in an instant
I have again been reminded of how life can change in a nano, or even picosecond. The moment you find out that a significant someone has passed. I’ve been reflecting on how many people that one person reaches and affects. My partner’s best friend/confidante/buddy/flatmate and best man died suddenly. What made it unbelievable was that […]
A mind-altering practice that’s good for business
Imagine a work environment where people don’t take delight in your missteps and your peers don’t pass on any judgment. It seems somewhat impossible. Instead, imagine an environment where people learn to work cooperatively and constructively. Decisions are made with purpose and clarity. Team efforts are valued above personal triumphs and employees don’t feel the […]
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 […]