Recently, there has been an increased level of sophistication on the part of Inland Revenue (IRD) when reviewing company windups. Important points to bear in mind when winding up a company are outlined below. Before applying to the Companies Office for removal from the companies register, a company should have discharged its liabilities to all […]
Winding up a Company Read More »
Fostering and supporting the well-being of all Taranaki rural people When circumstances beyond your control lead to a climatic, financial, environmental or personal crisis, the Taranaki Rural Support Trust is ready to help. Services are free and all calls are confidential. The Taranaki Rural Support Trust is part of a nationwide network of Rural Support
Taranaki Rural Support Trust Read More »
Over the last few months we have witnessed history, with the majority vote in favour of Britain leaving the European Union (EU). This was a surprise to many, and sent shockwaves around the world. In the days following the vote, the value of the pound declined substantially, and this instability may continue into the future
Witnessing History Read More »
With positive thoughts we experience pleasant and happy feelings. Unfortunately, in the midst of winter, it is easy to lose sight of our positive thoughts where the days are short, the temperature low and grey clouds surround us. However, it is important to make the effort to maintain a positive outlook on work, family and
We welcome to the team – Anna Cowan (left), our new receptionist. Anna has returned to New Zealand after being in the UK for the past 11 years. She previously worked for Imtech Inviron, a facilities management company in the UK. Breanna Tosland (right) – a part-time payroll and administration assistant. Breanna has
According to the Inland Revenue (IRD), commercial building owners should be denied a deduction for expenditure incurred in determining whether their buildings meet new earthquake protection standards. IRD’s draft Questions We’ve Been Asked pub00223, (QWBA) publication asserts that expenditure incurred on detailed seismic assessments (DSA’s) is capital in nature and therefore non-deductible because it relates
No relief for earthquake strengthening expenditure Read More »
If you are struggling to pay your accountancy fees, please contact either Dorothea or Brenda Pittams so we can arrange a repayment plan. We know times are tough and we would like to work with you rather than referring you to a debt collection agency. There are options we can suggest to help. Communication is
Hughson & Associates Fees Read More »
Staff Leaving… As most of you are now aware, Luke Kemeys left us in November after four years of service. He’s working in Auckland until the middle of next year before embarking on some travel through the USA and then onto Brazil where him and a group of friends from university will support another university
As part of Budget 2015, the Government has passed into law a “bright-line” test for the sale of residential property. The test will require income tax to be paid on any gains from the sale of residential property that is bought and sold within two years. This came into effect from 01 October 2015. What’s
Bright-line Property Rule Read More »
Imposing Goods and Services Tax (GST) on the digital economy has been a hot topic this year as New Zealand retailers push for equal GST treatment between local and foreign suppliers. At present, foreign providers of cross-border services and intangibles (including music, e-books, videos and software purchased from offshore websites) do not have to pay
GST on Foreign Supplies Read More »
