The Government announced the following changes will be made to the Small Business Cashflow (Loan) Scheme: Currently no interest is charged if the loan is repaid within one year. This will beRead More…
On the 1st May, the Government made an announcement it will provide interest-free loans of $10,000 (and depending on the number of employees it could be up to $100,000) to small businessesRead More…
One of the measures that have been announced to assist businesses through this period of uncertainty relates to upcoming tax payments. If you have an upcoming tax payment then there is aRead More…
Inland Revenue is no longer issuing letters by post. This means that everyone must have a MyIR account set up in order to receive all communications and important information. Having a MyIRRead More…
Are you in the hospitality industry? The Inland Revenue has let us know that they will be contacting our clients in the hospitality industry. Why? They want to ensure hospitality business ownersRead More…
Unfortunately, IRD are under no obligation to remit any charges or penalties due to “human error” on your part so please ensure that all details are correct before making a payment.
Keep thorough business records as you will have to provide accurate and complete records of your taxable business activity throughout the year. Not only might you miss out on claiming some expenses but you could face penalties.
Understand how the new Tax Reforms affect Contractors – Effective 01 April 2017
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