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TaxTalk Newsletter Apr / May 17
7 April: Tax payment reminder -This is a further reminder that payments for end-of-year income tax, student loans and overpaid Working for Families Tax Credits for the 2015-16 tax year are due April 7 for all customers with an extension of time. IRD will be sending reminders such as: letters to some customers from 16 March onwards that will direct them to the ...
Have your say! Complete the Employment NZ survey today
Employment NZ are always interested to get your feedback on the services they provide and would like to know what you thought about your most recent interaction with them. At Employment New Zealand they want to provide the best service to their clients and make sure that your needs and expectations are met. They would like to invite you to complete ...
New anti-money laundering laws introduced
A Bill to tackle money laundering and terrorist financing has been introduced to Parliament today by Justice Minister Amy Adams. The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill will bolster New Zealand’s existing anti-money laundering laws, which help protect businesses and make it harder for criminals to profit from and fund illegal activities. “This puts in place the second phase ...
Early payment income tax discount
A 6.7% discount of tax is available to encourage individuals who begin receiving self-employed or partnership income to pay tax voluntarily in the year before they begin paying provisional tax. This will relieve the financial strain they face when they begin paying provisional tax and have two years' worth of tax payments to make, namely, income tax for the prior ...
Finance Minister looking at tax cuts for first Budget, 17 February 2017
Speaking at an event on 16 February 2017 hosted by Massey University and the Auckland Chamber of Commerce, the Minister of Finance, the Hon Steven Joyce, commented that tax cuts for lower and middle-income earners are one of four key areas he is looking at for his first Budget on 25 May 2017. The four key areas are as follows: ...