A Week in Review

Resource Consents – tax treatment IR has issued interpretation statement IS 18/06, which outlines the Commissioner’s views with respect to the tax treatment of costs incurred to obtain a resource consent. In this regard, while different types of expenditure can be incurred on a resource consent, IS 18/06 only focuses on expenditure that is the […]

Richard AshbyPartner, Gilligan Sheppard

Tax Matters: Four reasons to incorporate in The Netherlands

By Robin de RaadTax Advisor, Zirkzee Group The Netherlands was recently voted as one of best countries for global trade by the Centre for Global Development. This assessment was down to its open and international outlook, well-educated workforce and strategic location in Europe. The other, and possibly more important, reason was the coun- try’s attractive […]

Matthijs den OsManaging Partner, Zirkzee Group

A Week in Review

“Time is of the essence” IR has issued a draft Standard Practice Statement (“SPS”) ED 0208, which sets out the Commissioner’s position on when tax payments will be considered to have been received in time. The SPS replaces the earlier version, SPS 14/01, and alerts taxpayers and their agents to two main changes in practice: […]

Richard AshbyPartner, Gilligan Sheppard

A Week in Review

Deductions for “Standouts” Should you or your clients have an appetite for “investing” (I could suggest the use of other words post my recent dabble in a friend’s horse racing syndicate!) in yearlings for breeding purposes, a recent SOP introduced to the Modernising Tax Administration Bill presently making its way through Parliament, may be of […]

Richard AshbyPartner, Gilligan Sheppard

Entrepreneurs’ Conference set to inspire in the face of Brexit

South Coast accountancy firm, Inspire, will be holding their fourth Entrepreneurs’ Conference at the Bournemouth International Centre on the 20th November 2018. The theme of this year’s conference, ‘Evolution’, will tackle how South Coast business leaders and entrepreneurs can continually evolve and adapt their businesses to ensure future success – an appropriate topic in light […]

Chris DowningDirector, Inspire Professional Services Ltd

A Week in Review

Donee Organisations – “Application of Funds” Requirement IR has recently released IS 18/05, an interpretation statement that provides the Commissioners views on the qualifying requirement contained in section LD 3(2)(a) of the Income Tax Act, that a donee organisation must apply its funds (wholly or mainly) to specified purposes in NZ, namely of a charitable, […]

Richard AshbyPartner, Gilligan Sheppard

Galić Tax Consulting joins IR as the exclusive Tax (Accountants) & Accounting Services member in Croatia.

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Snježana Galić of Galić Tax Consulting. Snježana has joined IR as our exclusive Tax (Accountants) & Accounting Services member in Croatia. If you have a requirement in this area, please get in touch with Snježana directly or with the IR Global […]