Important New Disclosure Rules for Trusts
The government announced that with the introduction of the top marginal tax rate of 39%, there would be …
Angus
Increase to Small Business Cashflow Scheme
The government recently announced an increase to the Small Business Cashflow Scheme (SBCS). This scheme is available for …
Tax on Fees Paid to Board Members
Inland Revenue (IR) has recently released information setting out the tax rules which apply on fees paid to …
Remaining Government COVID-19 Assistance for business
Wage subsidies are no longer in the mix of COVID-19 business assistance but with omicron now gaining a …
Merry Christmas and a very Happy New Year
The team at Generate Accounting would like to wish all our lovely clients and suppliers a very Merry …
New Transition Payment Announced
The government has announced that a new one-off transition payment will be available for businesses from 10 December …
COVID-19 Business Debt Hibernation Scheme
The government has extended the COVID-19 Business Debt Hibernation (BDH) scheme until 31 October 2021 in response to …
New Resident Withholding Tax Rate for Higher Income Earners
Inland Revenue have announced that a new resident withholding tax rate for high income earners is now available. …
Purchase Price Allocation Rules
When you purchase a business, thought needs to be given to how you will value assets like stock, …
Big Changes for Residential Property Investors
The government has announced significant changes that will impact residential property investors. The Bright Line Test will be …
