IR

Employer Obligations for Employee Share Scheme Benefits Paid in Cash

Employee share schemes (ESS) are a popular way for companies to incentivise and reward their employees. These schemes can include...

IR Policy Change - Overdue Debt

Discover how the IR Policy enforcing payment for Overdue Tax Debt impacts businesses. Learn about the new compliance obligations and

Stocktakes

Who should do stocktakes? Taxpayers who either manufacture or buy and sell products have to value their stock on hand as at Balance...

Mini-Budget 2023

The Government’s Mini Budget contains proposals to change the bright-line test back to a 2-year period, and to remove deductions for...

Reporting requirements for trusts

From 31 March 2022 there are new IRD reporting obligations for New Zealand Trusts. The purpose of trust information gathering powers is...