News
Have overseas accounts? What you need to know
If you have an account with an offshore financial institution, including accounts maintained with certain offshore trusts, information about your overseas investments will soon be shared with Inland Revenue. What you need to know New Zealand is one of 105 countries and territories that has committed to sharing financial account information to combat global tax evasion. These laws have been in place ...
If you can’t back it up, don’t say it
If you sell products or services, you need to be able to back up the claims you make about them. A new video from the Commerce Commission gives tips for traders on false, misleading or unsubstantiated claims and how toavoid making them. Consumers rely on what you say – make sure it’s true A new video from the Commerce Commission provides advice ...
Are you making the most of your KiwiSaver?
How to qualify for the member tax credit If you’re between 18 and 65 and mainly reside in New Zealand you can qualify to receive the member tax credit. This is a government contribution of 50 cents for every dollar of member contribution you make in a year towards your KiwiSaver, up to a maximum payment of $521.43. This means you ...