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Richard'sFirst Tax Bill of 2024 passed
On March 28, Royal Assent was given to the passing of the Taxation Bill (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters). The Bill enacted some welcomed changes, balanced with the unfortunate news for some that the trustee tax rate would increase to 39%, effective this April 1. I expect most of you will […]
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GSTV: AML – Live Conversation
Anti-Money Laundering & Countering Financing of Terrorism Act – Live Conversation Recorded conversation took place on Wednesday 23rd October 2018. From 1 October 2018, New Zealand accountants will need to comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (Act). We explain this change and how it will impact the way we work […]
From Soul Destroying to Worthwhile
Recently, I wrote about the challenges of the public works act engagements we are undertaking (click here to read). Since then, a number of people asked why were we still doing what appears to be soul destroying work? I have struggled with answers as to the why, especially after we have made such a big […]
It’s not just you, entrepreneurship is hard
So you’re an entrepreneur. Maybe you decided to change the world. Wanted to put your dent on the universe. Revolutionise something. Maybe you just wanted to stick it to the man, man. But then you discovered something you weren’t expecting. This is hard. You know it’s hard when you find yourself working late and missing […]
The Few versus the Many
What is the Responsibility of Government? The purpose of this article is to examine how governments deal with the delicate interface of balancing the needs of the many against damage, and harm to the few. This is where the values and beliefs of a society are demonstrated and refined. But before you can think critically […]
Sweating at Tax Time
One of the most painful situations businesses encounter is getting back their tax return with a big profit, accompanying tax bill, and no cash to pay the IRD. In fact, they haven’t seen any cash benefit of the profit throughout the year. There are a number events that can conspire to create the aforementioned unfortunate […]