New Top Tax Rate
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A new top tax rate of 39% will apply on personal income in excess of $180,000 for the 2021-2022 and later tax years. For most tax payers this will start…
Claiming tax credits for donations 101
Every year New Zealanders generously donate to a variety of charities and organisations. In this blog, we would like to shine light on how to claim tax credits for donations.…
Payday filing due dates over the holidays
Inland Revenue does not consider days between 25 December to 15 January (inclusive) working days. If a pay date falls between these dates, the information will be due on the…
IMPORTANT: Text message from Inland Revenue
If you receive a text message from Inland Revenue, please contact our office, before making any payments. Sometimes the amount due may not be payable and will be paid by…
Preview: Law Changes for 2021
New tax rate for Kiwi’s top earners The new 39% top tax rate bill has made law. From 1 April 2021, Kiwis with a personal income over $180,000 will be…
Spotlight on December Key Dates
The year is drawing to a close! With preparations for the holidays, things can get bit chaotic. We are here to help! Here are the key dates for December: …
IRD Letters Regarding Updating Your Tax Code
Inland Revenue has sent out letters to many of our superannuate clients, suggesting they change their tax codes. These letters are based on the assumption that superannuation is their main…
Paid Parental Leave Changes from July 2020
Paid parental leave has increased from 22 to 26 weeks from 1 July 2020. The ‘keeping in touch’ allowance has increased to 64 hours. These hours allow an employee to…
COVID-19 Bad Debt Write-Offs
Because of the COVID-19 pandemic, the time for writing off bad debts for the 2020 income year has been extended to 30 June 2020. However, while the time frame has been…