Tax stories - Page 2
It’s all fun and games in the sharing economy, until the taxes aren’t done
The IRD is cracking down on undeclared income and it’s very easy for them to see what services a company is offering online.
Exclusive interview: Will software replace accountants with new AIM reporting rules?
Bellingham Wallace director Mike Atkinson talks about the evolution of the accountant’s role, and why SMBs will still need them.
Xero: As NZ's General Election looms, SMBs voice concern about tax rates
With New Zealand’s General Election little more than seven weeks away, small businesses are concerned how the outcome will impact their tax rates.
TPB urges cybersecurity savviness for tax practitioners
Acting Chair Greg Lewis believes that practitioners should consider professional indemnity (PI) insurance cover to deal with first-party losses.
How automated technology can prevent a payroll fraud
Sharp says that the key to avoiding such fraud is to fully automate payments at the employer level.
Apple comes out fighting against European Union's NZ $20 billion tax ruling
Apple is confident it will wipe the pie off its face after it was hit by a €13 billion (NZD $20 billion) in retroactive taxes by the European Union.
Xero improves tax time by bringing eGST into software
After successful trials, Xero is bringing direct electronic GST returns to its software that can be sent straight to the IRD, the company reports.
IRD seeks feedback on software development expenditure for income tax
The IRD is seeking consultation and feedback on how software development expenditure should be classed for income tax purposes.
Crazy things small business owners tried to write-off on their taxes last year
Mixing personal and business expenses is the most common mistake small business owners make that result in audits.
Online tax services saving businesses money
Increasing numbers of businesses and individual taxpayers turning to online service to pay tax means big savings, according to the Government.
Google NZ's $371,799 tax on $14.9 million revenue
Google faced a higher tax bill last year, but the $371,799 bill is unlikely to faze the company, which made $14.9 million in recorded revenue.
Inland Revenue chooses US company for billion dollar update
The Inland Revenue has partnered with US company Fast Enterprises to update New Zealand's tax and social policy administration system.
Should the IRD scrap tax estimations?
Inland Revenue is inviting Kiwi business owners to have theirs on provisional tax estimations.
Dulux takes $15.2 million hit in IRD tax dispute
DuluxGroup, the ASX-listed paint manufacturer, took a $15.2m provision to settle a tax dispute.
PAYE for NZ businesses proposed in biggest tax shake-up since 1957
The government is floating the idea of businesses paying their tax on a pay-as-you-go (PAYE) basis, like individual taxpayers, in the biggest proposed
IRD's Netguide Award shows government committed to make tax simple
New Zealand’s tax system is up there with the best, but it will need to evolve and adapt to meet the needs of the 21st century and an increasingly glo
New Zealand research supports global shift in workforce
Research indicates that contract and part time employment in is growing.
Inland Revenue hunting out software companies
Inland Revenue has set its sights on software companies to help Kiwis pay their taxes.
Privacy Week tips for online tax refunds...
The average tax refund is $464 and takes less than 60 seconds to process...
New NZ Tax Refunds app launched...
WooHoo NZ Tax Refunds launched their tax refund mobile application this week along, with a website refresh for desktop users and upgrade to the mobile website too.
Solution sought over start-up tax reprieves
Government welcomes release of tax policy paper which seeks public feedback on proposals to improve cash flow and remove tax distortions on research a
Mobile tech tax: It’s OK, you can keep enjoying your tablets
Your gadgets float free from the prying eyes of the IRD, for now.
UPDATED: Company gadgets…if it moves, TAX IT
It might just be time to bust out the old log book in the company car and start making entries for your smartphone.
NZ lacks power to fix tech tax loopholes
IRD backs government claims that they lack sufficient power to ensure large tech companies pay more tax.