When is a tax invoice a "tax invoice"? First of all, it has to be a one off original – the only way it can be presented again is if it has “copy only” clearly marked on it.
Provisional Tax is all about income over and above any income you have that is taxed as normal. It shows on your tax return as Residual Income Tax, but how does provisional tax work?
I was trying to demonstrate how the accounting industry and accounting function in business has changed in past years so we came up with this illustration - the Evolution of Accounting.
The big question facing property owners is whether or not they need to pay tax on the sale of a property. Income from Property is an area that can confuse property investors. We do not as yet have a ...
The IRD published their 2012-2013 Compliance Focus document in August and it always makes for interesting reading as the Commissioner sets out the range of tax compliances that are under their ...
The Budget announced on Thursday 24 May displayed the ‘responsible management’ approach this government is promoting to build towards the vaunted ‘return to surplus’ predictions for 2014/2015.