Business Tax Update - 2011
Business Tax Update Issue 26 December 2011
In this issue: Our services over the holiday season, payments due 15 January can be paid on the 16th, taxing lump sums and bonuses, Christmas functions and gifts - tax deductibility, online FIF/CFC disclosure facility, calculating holiday pay, sending returns and payments to us, clarification around electing not to depreciate, GST treatment of credit card surcharges/fees charged by some retailers, using ir-File to file your PAYE.
Business Tax Update Issue 25 November 2011
In this issue: Save time filing your employer returns - do it online, ESCT to be deducted from superannuation contributions, help us to process your employer information quickly, employing students or casual staff over the holiday period, holiday pay and child support deductions, making sure your GST return processes correctly, finding redundancy information online.
Business Tax Update Issue 24 October 2011
In this issue: Taxation (Tax Administration and Remedial Matters) Act 2011, changes to student loan scheme, claiming depreciation, KiwiSaver scheme provider annual meeting, Approved issuer levy (IR67A) form, refunds we've sent in error, cash deals aren't tax-free income, tax schemes and aggressive tax planning, and employing temporary staff.
Business Tax Update Issue 23 September 2011
In this issue: KiwiSaver – exemptions from automatic enrolment rules, penalty for non-electronic filing of employer monthly schedules, extension of time for qualifying companies, gift duty changes, child support protected net earnings, you're exempt from income tax – do you need to register for GST, are you receiving hoax emails, Government consultation on child support scheme, make an appointment before visiting our offices, do you pay GST and provisional tax, putting your tax affairs right, updated publications, Auckland's Large Enterprise teams have moved.
Business Tax Update Issue 22 August 2011
In this issue: Our compliance focus for 2011-12, helping you get your losses right, provisional depreciation rate for fleet tracking units, do you need to change your company status?, your kiwi business website, have your say on tax issues, free tax seminars and workshops, fbt prescribed interest rate, new factsheet for taxpayers leaving New Zealand, making electronic payments.
Business Tax Update Issue 21 July 2011
In this issue: Paying taxes helps our economy and wellbeing, making it easier to send anonymous information, employees using incorrect tax codes, new KiwiSaver regulator, change of status requirements for GST, requesting a back-year personal tax summary, big jump in payroll giving uptake, should you register for GST?, thank you from Child Support, redundancy tax credit.
Business Tax Update Issue 20 June 2011
In this issue: Budget 2011, Act provides tax relief for people affected by the Canterbury earthquake, child support deduction notices, mileage rate for motor vehicles amended, IR 3 income tax return due 7 July, CPI adjustment for childcare and boarding service providers, redundancy tax credit extended, electing to file yearly returns for FBT, FBT prescribed interest rate change, instalment arrangements and provisional tax, earthquake support subsidy and paid parental leave.
Business Tax Update Issue 19 May 2011
In this issue: Help with lost or destroyed records, measures for people affected by the Canterbury earthquakes, transfer your tax credit, payments and returns for earthquake-affected persons, tax letters to Christchurch customers on hold, new GST rules apply for all goods and services acquired after 1 April 2011, new standard practice statements for instalment arrangements, tax treatment when cashing up annual holidays, updated publications, free tax seminars.
Business Tax Update Issue 18 April 2011
In this issue: Tax help if you've been affected by the Christchurch earthquake, ACC levy rates for 2011-12, GST on fringe benefits, relief from KiwiSaver deductions with contributions holidays, changes to the Holidays Act, tax treatment of earthquake disposal or demolition costs, 2012 PAYE deduction tables, claiming tax credits for donations, childcare and housekeeper payments if you file an IR3, keeping in touch with us, new factsheet explains changes to company rules, common errors employers make when completing their EMS electronically, get ready for tax time - register online now, employees with special tax codes, reminder about new FBT rates.
Business Tax Update Issue 17 March 2011
In this issue: Changes to the GST rules, non-resident seasonal workers’ rate reduced, qualifying company changes and the new look-through company, tax help for businesses affected by the earthquake, GST on foreign currency invoices, new tax depreciation rules, Māori authority update, completing your employer monthly schedule, minimum family tax credit increase, ceasing to operate a business, new rates for child support, and checking your accounting system has the new 15% GST rate.
Business Tax Update Issue 16 February 2011
In this issue: New tax entity for companies, other 1 April 2011 tax changes, tax codes for new staff, number of pays for tax year ending 31 March 2011, new use-of-money interest rates, online trading, VisaView makes employment checks easy, using online services, child support deduction notices, and cost of KiwiSaver to employers.
Note: We're no longer publishing Payroll News and GST News. They have been combined into a new improved newsletter Business Tax Update which is only available online. Payroll News subscribers: If you're receiving email alerts you don't need to do anything. If you're not, subscribe now to Business Tax Update to receive an email alert when each new issue is published to our website. GST News subscribers: If you're receiving email alerts for GST News, you'll need to subscribe to Business Tax Update to receive an email alert when each new issue is published to our website. This newsletter contains other information as well as GST news, so we need you to reconfirm your subscription. |
Date published: 01 Feb 2011
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