Posts Tagged ‘technical’
NON-RESIDENT TAX STATUS NZ: HOW DO YOU KNOW?
HOW DO I KNOW IF I’VE GOT NON-RESIDENT TAX STATUS (NZ)? How do you know if you have non-resident tax status in New Zealand? Some of our clients live and/or work overseas, and have asked us about non-residency status with regards to tax.
Read MoreUK PENSION TRANSFER TAX: HOW MUCH WILL YOU PAY?
CHANGES TO FINANCIAL REPORTING REQUIREMENTS FOR SMES
ou might have heard of the Financial Reporting Act 2013 and the Financial Reporting (Amendments to Other Enactments) Act 2013. Maybe not. Anyway, changes which took effect on 1 April 2014 mean that entities that do not meet the large entity definition will no longer be required to prepare financial statements in accordance with NZ GAAP.
Read MoreDEPRECIATION OF CHATTELS IN YOUR RENTAL INVESTMENT PROPERTY
DEPRECIATION OF CHATTELS IN YOUR RENTAL PROPERTY. Depreciation of Chattels: what is depreciable? what is not?
Read MoreCOMMON QUESTIONS ABOUT YOUR FINANCIAL STATEMENTS
COMMON QUESTIONS ABOUT YOUR FINANCIAL STATEMENTS. Questions about your financial statements? Here are the answers to some common ones
Read MoreHOW TO SHARE STUFF ONLINE
HOW TO SHARE STUFF ONLINE. How to share stuff e.g. files and documents, online and with Epsomtax.com group staff
Read MoreHOW IS FOREIGN-SOURCED INCOME TREATED IN MALAYSIA?
How is foreign-sourced income treated in Malaysia? This is a question worth revisiting properly. Malaysia’s approach changed significantly in 2022 — the old blanket exemption many people still assume applies isn’t quite how the system works anymore. This article – although dated 2023 – has been rewritten with the latest updates as of 2026. 30-Second…
Read MoreARE MY PERSONAL INSURANCE PREMIUMS TAX-DEDUCTIBLE?
Are my personal insurance premiums tax-deductible? It’s a question we get asked constantly. The honest answer depends entirely on what kind of insurance you’re talking about. Life insurance, trauma cover, income protection, and employer-provided policies are all treated quite differently under current tax law. This guide walks through each type clearly. It also covers the…
Read MoreWHAT BUSINESS EXPENSES ARE TAX-DEDUCTIBLE?
What business expenses can you deduct in your income tax return? It depends on your business structure, but includes things such as:ACC leviesaccounting feesbank chargescontractor costsdepreciation (wear and tear)entertainment (be careful!)home office expenseslease or rental costslegal feesmotor vehicle expenses e.g. WOF, registration, repairs, insurance, FBTpurchases (for business purposes e.g. stock, materials)travel e.g. fuel, parking, business travelstationery, printing and office costs […]
Read MoreLTCS VS QCS AND LAQCS
LTCS VS QCS AND LAQCS. Unlike the LAQC rules, shareholders of an LTC are liable for tax upon the company’s profit, as well as being able to offset the company’s losses against their other income.
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