News & Updates

 

Changes to Trust Disclosures - 2023

Starting from the 2022 income tax year, some trusts are now required to provide more details with their income tax return in accordance with the disclosure regulations for domestic trusts.

COVID Support - March 2022

A new Covid-19 support payment is available for businesses struggling with revenue during the Omicron outbreak. This is a targeted payment with a higher threshold of lost revenue to support those most affected.

COVID Support - 2022

Following the change to the traffic light framework, the relief available to businesses and the self-employed has also changed.
Find out what is available and how to apply.

COVID: Small Business Cash Flow Loans

Organisations and small to medium businesses, including sole traders and the self-employed, may be eligible for a one-off loan with a term of 5 years if they have been adversely affected by COVID-19.

COVID-19 Tax Relief

The COVID-19 Response (Taxation & Social Assistance Urgent Measures) Bill was passed on 27th March 2020 and provides a range of measures to provide tax relief for those affected by the pandemic.

COVID-19 Update

The global pandemic is affecting businesses worldwide. Find out what this means for the services we offer and what new procedures you may need to follow.

Changes to Rental Property Losses

From the 2019 - 2020 financial year onwards, rental property losses can no longer be offset against income from other sources such as wages, salary or business income. Click below to read more.

IRD Changes - Cheque Payments

From the 1st March 2020 the IRD will no longer accept payment by cheque, or cheques dated after 1 March 2020, from customers who are able to pay another way.

Creating a myIR account

Having a myIR account allows you to login to IRD and easily view your tax returns, GST returns and student loan. You’ll also be able to see when payments are due and the amounts, so you can stay on top of any tax responsibilities.-19 Tax Relief