News
How to negotiate personal guarantees — without putting your home at risk
If landlords or suppliers ask for your personal guarantee — a common business practice — your house or other personal assets might be on the line. Learn how you can minimise the risks. Leveraging your home Home loans are one of the most common ways New Zealand small business owners fund their business. There are many perks to taking out a second mortgage ...
Money Week 5 - 11 September
The aim of Money Week is to get New Zealanders talking about how to get ahead with their money. This year IRD have involved by linking employees and customers with the resources available to help them get ahead. Maximise your opportunity: are you getting all you can from KiwiSaver? Are you contributing $1,043 each year to get the $521 member tax ...
Resigning as a trustee of a trust
Trustees are personally liable for the tax obligations of the trust. If a trustee resigns as trustee of a trust they must let IRD know in writing, as soon as possible following the resignation, so IRD can update their records.If a trustee resigns and doesn't let IRD know, IRD will still recognise them as a trustee which makes them liable ...