Business Tax Update - 2012

Business Tax Update provides tax updates on PAYE, GST and FBT and other relevant tax issues - so you can get all your business tax news in one place. The first issue is September 2009 and combines and replaces Payroll News and GST News. You can subscribe to receive an email notification when each issue is published.

Business Tax Update Issue 29 April/May 2012

In this issue: Deducting ESCT from your employer cash contributions, Industry benchmarks can help improve business performance, "coffee and muffin" expenses, more secure phone access with voice ID, student loan repayment exemption and special deduction rate, special tax codes need to be renewed, employees who need an IRD number, filing an income year FBT return (IR421), hiring contractors and the ACC levy, updated "Tool for business", don’t send supporting documents with your GST refunds, fringe benefits that must be attributed, change to use-of-money interest rates.

Business Tax Update Issue 28 March 2012

In this issue: Are you ready for April 2012 changes, ceasing to operate a business, get faster refunds, school children and deductions of PAYE, what to do when an employee leaves, some FBT returns showing an incorrect date, FBT prescribed rate on low-interest loans, completing your 31 March 2012 FBT return, when to expect income tax forms.

Business Tax Update Issue 27 February 2012

In this issue: Business entertainment and giving gifts, do you make student loan deductions, changes to ESCT from April 2012, Working for Families changes effective from 1 April 2012, using the right tax code for new staff, new ACC rates agreed by Cabinet, child support deduction notices, are you completing the correct FBT return, viewing our tax statistics, international tax gets a new look.

Date published: 01 Feb 2012

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