Taxation (Tax) stories
The IRD is cracking down on undeclared income and it's very easy for them to see what services a company is offering online.
Cutting-edge tech holds key to payroll fraud prevention, following a colossal Plutus scandal, says InPayTech's Don Sharp.
Apple is confident it will wipe the pie off its face after it was hit by a €13 billion (NZD $20 billion) in retroactive taxes by the European Union.
Mixing personal and business expenses is the most common mistake small business owners make that result in audits.
The days of GST-free music, games, e-books and software purchased online are coming to an end, with plans to tax online services from next October.
New Zealand retailers welcome proposal to lower threshold for GST on imported goods, aiming to compete fairly with foreign websites.
Google faced a higher tax bill last year, but the $371,799 bill is unlikely to faze the company, which made $14.9 million in recorded revenue.
Business leaders say transport bottlenecks and planning delays are constraining growth as most back higher public-private infrastructure spending.
Bellingham Wallace director Mike Atkinson talks about the evolution of the accountant's role, and why SMBs will still need them.
With New Zealand's General Election little more than seven weeks away, small businesses are concerned how the outcome will impact their tax rates.
Acting Chair Greg Lewis believes that practitioners should consider professional indemnity (PI) insurance cover to deal with first-party losses.
Passengers should see faster journeys and improved terminals as the airport spends about NZD $1.8 billion on upgrades through 2022.
Councils say tourism growth is straining toilets, roads and car parks, with more than 680 projects worth NZD $1.38 billion in train.
After successful trials, Xero is bringing direct electronic GST returns to its software that can be sent straight to the IRD, the company reports.
The IRD is seeking consultation and feedback on how software development expenditure should be classed for income tax purposes.
According to MYOB, this is the first e-GST service for New Zealanders, and is the result of working with the IRD for several months.
InternetNZ critiques NZ's new online GST policy, stressing its need for fair execution without harming eCommerce.
Increasing numbers of businesses and individual taxpayers turning to online service to pay tax means big savings, according to the Government.
The Inland Revenue has partnered with US company Fast Enterprises to update New Zealand's tax and social policy administration system.
The total volume of New Zealand retail sales rose 2.7% for the March 2015 quarter, which is the largest percentage increase since December 2006.