by Jena Ivamy | Mar 13, 2025 | Latest News
Accountants and tax professionals focus on helping clients understand how their business is performing and to assist them in meeting their tax compliance obligations. Although tax compliance and the importance of getting things right is important, it is appreciated...
by Jena Ivamy | Mar 13, 2025 | Latest News
Flu vaccinations are exempt from fringe benefit tax (FBT) if they are provided to employees either through a clinic set up on work premises, or where a voucher is given to the employee to use at their doctor or another clinic. This is because the vaccination falls...
by Jena Ivamy | Mar 13, 2025 | Latest News
The schedular tax regime falls under the PAYE rules and typically applies to require tax to be withheld from self-employed individuals if they perform certain types of work, such as modelling or shearing. On its website Inland Revenue have noted non-compliance has...
by Jena Ivamy | Mar 13, 2025 | Latest News
A common complaint about Fringe Benefit Tax (FBT) is that it is too complex, particularly when it comes to motor vehicles, which becomes a point of frustration given it is one of the most commonly provided benefits. This is borne out by how common it is for mistakes...
by Jena Ivamy | Mar 13, 2025 | Latest News
Although not desirable, it is not unusual for an employee to raise a personal grievance with their employer. Section 123 of the Employment Relations Act 2000 (ERA) provides for a number of remedies where an employee has a personal grievance. If an employee suffers...
by Jena Ivamy | Mar 13, 2025 | Latest News
Tax compliance can be complex, and there is often a lot to manage and get right. It is therefore inevitable that from time-to-time mistakes will happen. When these moments occur the question then becomes “what do we do?”. Inland Revenue requires taxpayers to make a...
