Getting Money out of your Company

Getting Money out of your Company Getting money out of your company is not as simple as you might think. We’re often asked how companies can distribute money to their shareholders. Sometimes there is a lot of cash in the company, particularly if you have sold the business. As a shareholder, it’s only natural that …

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Employee allowances rules changed

The ¬†rules around employee allowances changed from 1 April, 2015. The category of employee allowances relates to payments that are made to an employee in addition to their wage or salary. Common allowances include clothing, food and accommodation. The IRD moved to clarify the area around employee allowances largely as a result of so many …

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