Why a shareholders’ agreement is like a pre-nup Often the last thing on anyone’s mind when they start a business is how the business will operate down the track. During a business start-up phase owners are focused on business development, marketing and product development. Legal and accounting issues are put on the back burner to […]
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Changes to Tax Treatment for Beach Houses, Boats and Aeroplanes We have had a number of enquiries around the proposed changes announced in Budget 2012 regarding beach houses and we thought we should give everyone a quick update. The proposed changes applies equally to boats or aeroplanes. The IRD have indicated that they want to
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Fringe Benefit Tax: What is it and do I have to pay it? There was a time when employers could offer non-cash benefits to their team members as a way of increasing their remuneration. The team member could avoid paying income tax on those benefits as a result. Fringe Benefit Tax (FBT) was introduced in
Fringe Benefit Tax: What is it and do I have to pay it? Read More »
