Taxation (Tax) stories
Small businesses facing COVID-19 revenue shocks are being urged to seek wage subsidies, tax relief and rent negotiations to stay afloat.
Amazon Web Services undergoes corporate reorganisation, with Amazon Web Services New Zealand to replace AWS Inc. as reseller in New Zealand.
Busy tradies in New Zealand risk cash-flow headaches unless they tighten invoicing, GST and PAYE routines now, says Fergus founder Dan Pollard.
Revenue losses from alert-level changes could unlock wage subsidies, cashflow grants and loans for firms and sole traders across New Zealand.
Weak planning, funding and governance are leaving New Zealand unable to deliver the wider public outcomes it now says it wants.
Inland Revenue issues new guidance on taxing crypto-assets in New Zealand, stating that individuals and businesses must pay income tax on their assets.
Experts say the $50 billion COVID-19 recovery plan will lift jobs and infrastructure, but warn it leaves big tax and housing gaps.
The revenue system will be closed for a week in April as Inland Revenue introduces a new round of changes to make tax more straightforward.
Auckland's housing crisis could deepen if the Drury project fails to deliver affordable homes despite NZD $2.4 billion in transport spending.
Businesses facing coronavirus disruption can now find daily-updated government guidance on tax, travel, staffing and workplace safety.
New Zealand Inland Revenue tightens regulations on multinationals, aiming to boost annual tax revenue by NZD $200 million through updated anti-BEPS measures.
Inland Revenue's new provisional tax option, AIM, is being well received by small business owners looking for certainty.
Nicola Dargie of Manawatu received a 2.5-year jail sentence and a GBP £11,000 reparation for withholding over GBP £740,000 PAYE; marking her second conviction.
Three-quarters of industry leaders want central and local government to overhaul how they work, amid warnings that infrastructure delivery is lagging.
Only two firms offer low-cost computer-generated financial advice in New Zealand, despite it being available for four years.
BlackLine CEO Marc Huffman says intercompany accounting is a 'distraction' within F&A for many multinational organisations.
Cybersecurity tax will hinder investment in future progress for Australian and New Zealand organisations in 2022, says Gartner.
Amid the COVID-19 crisis, New Zealand sees a 260% surge in independent earners, as job cuts drive many to freelancing and contracting, reports Hnry.
Fintech startup Hnry secures USD $2.15 million in an over-subscribed investment round led by EVP, fuelling technology advancements and international expansion.
Australian SMBs urged to make strategic, long-term investments in digital technology, rather than rushing into short-term budget measures.