We are Zirkzee Group and are the exclusive Tax (Accountants) and Tax (Private Client) members within the Netherlands. Part of our core business is advising foreign companies and their employees on (international) tax and social security, residence and work permits and all other services surrounding expats. Our slogan “Be part of our community” implies that […]
Non-resident employer’s operational statementNon-resident employer’s operational statement IR has released draft operational statement ED0223 titled – Non-resident employers’ obligations to deduct PAYE, FBT and ESCT in cross-border employment situations. The stated purpose of ED0223 is to clarify the approach to take with regards to a non-resident employers’ obligations to deduct PAYE, FBT and ESCT in […]
This week the Chancellor, Rishi Sunak, ordered a review of Capital Gains Tax (CGT), which is fuelling speculation that there could be an increase on the taxes paid when an asset is sold, such as property and shares. This is likely to have an impact on small business and individuals, for example in the sale of shares […]
Personal tax liability exposure clarified IR has released BR Pub 20/06, ‘Income Tax and Goods and Services Tax – Director’s liability and the COVID-19 ‘safe harbour’ in schedule 12 to the Companies Act 1993’. The binding ruling publicises the Commissioner’s view of whether either section HD 15 of the Income Tax Act 2007 (ITA) or […]
Today there was a further announcement of measures from the Chancellor, Rishi Sunak in response to the Coronavirus impact on the economy. There had been speculation that there could even be a summer budget, but this was ruled out and therefore it left Mr Sunak the opportunity to put forward measures that he feels will […]
Since the start of lockdown, the vast majority of the Inspire team has been working from home, continuing to deliver a superb level of support for our clients. Throughout this time we maintained a skeleton staff working in the office, ensuring that everything runs smoothly and in case members of the team or our clients […]
There’s no doubt that the last three months have been a challenge for virtually every business, regardless of size or sector. We’ve all had to make significant adjustments and returning to what we perceived as ‘normal’ before, still isn’t easily within our grasp – but now is the time to get your business back on […]
Covid-19 means so many people made the switch to work from home. Many of our own staff included! In fact as I write this, I’m in my new make-shift home office. Here’s the good news: Work from home tax deductions could mean a bigger tax refund, this year! If WFH is your “new normal”, then […]
Accounting for your foreign rental income I suspect most of you have had at one time or another, clients with investment rental properties located in overseas jurisdictions, with foreign bank and loan accounts attached to those properties, the annual transactions of which you then have to convert into $NZD, in order to prepare the clients […]
Whether it is through artificial intelligence, using the cloud or simply picking up the phone to offer proactive advice, the role of an accountant is shifting towards strategic advice with an international outlook, argues Chris Downing, director at professional services firm Inspire. It is fair to say that the traditional perception of the number crunching […]
Filing date extension Covid-19 Variation 20/07: ‘Variation in relation to s 70C of the Tax Administration Act 1994 to extend deadline for filing statements in relation to R&D loss tax credits’, has been issued. The notice applies to loss-making companies who have undertaken eligible R&D activities during the income year and wish to cash out […]
Covid-19 legislation guidance IR has now published guidance on the legislative changes introduced via the passing of two recent tax Bills – the Covid-19 Response (Taxation and Other Regulatory Urgent Measures) Act 2020 (No. 10 of 2020) enacted on 30 April 2020 and the Covid-19 Response (Further Management Measures) Legislation Act 2020 (No. 13 of […]