Tax authorities around the world have worked together in the fight against tax evasion and protecting the integrity of tax systems.
A key aspect of the co-operation is the exchange of information.
The automatic exchange of information has now been in place for several years where “bulk” taxpayer information concerning various categories of income are shared by the source country to the residence country... read more
TRUST DISCLOSURE RULES
Hot on the heels of the Trusts Act 2019 that came into force on 30 January 2021, the government
introduced and enacted under urgency new disclosure requirements for domestic trusts applicable
from the 2021/22 income years onwards.
ALL THIS AND MORE IN THIS ISSUE ... click here
Non-Taxable allowance for transport costs
Overseas shareholders and dividends
Relationship property agreements and use thereof
Does the way my overseas benefit or pension is treated change if I leave NZ
Employees vs Contractors
Tax calendar
History shows meddling with savings