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Tax UpdatesTax Updates: 15 April 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. New trustee tax rate Hard on the heels of […]
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Sit back and relax – attracting skilled talent to NZ
Packing up and moving to another country, will often involve multiple decisions needing to be made, some of which can have material consequences for you if you make the wrong choice. The process is often made harder, by the numerous emotions that will usually accompany the shift – leaving family and friends, new cultures and […]
Are accountants an endangered species?
Much has been made of the idea that accountants will no longer have a role in the very near future. This idea is attributed to increasingly fast developing technology and artificial intelligence. Processing of bank statements, invoices, into accounts or into accounting systems is becoming more automated and efficient with the entry and constant development […]
What makes GS tick… even after a decade of employment?
Walking into work every day only to be greeted by Bruce in his cycling shorts (my polite way of saying ambushed!) isn’t for most of us, a great way to start the day. Why then are most of us still here even after what feels like a lifetime? Looking back at the years spent at […]
Ring-Fencing Rental Losses
Presently, if you own a residential investment property, and it costs you more to operate for a particular income year, than the rental income you receive from your tenants, you make a rental loss which can then be offset against any other income you earn, thereby reducing the overall amount of tax you need to […]
Bridging the gap between science, entrepreneurship and capital (part two)
Thanks for all the great feedback and conversations following last month’s article. In that article I promised to cover recent developments in the innovation funding landscape. If we assume three things: The New Zealand early stage company/start-up environment has not delivered enough sustainable companies that are growing and have global commercial potential, The upcoming change […]