On 30 January 2021 the Trust Act 2019 came into effect. This new Act has increased Trustee accountability and transparency for beneficiaries. It has also extended the lifetime of a trust from 80 to 125 years from the date it was created. As a result the responsibility, compliance and liability of all trustees has increased and there are duties that they need to be aware of.
Read MoreOn 1st December this year the updated Privacy Act 2020 comes into force. There are significant changes being made that will affect your business, specifically around what personal information you collect and store, and your responsibilities regarding the storage, access and protection of that information.
Read MoreTo help stimulate the New Zealand economy the Government has introduced some tax changes which have now passed into legislation. Some of them may effect you.
Read MoreWhen you buy small value assets the IRD have temporarily raised the threshold level for depreciation from $500 to $5000 (net GST).
Read MoreIRD has announced changes - if you are affected don’t hesitate to contact us - phone or email
Read MoreThe following changes have been introduced to provide increased Financial support for New Zealand families.
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