PKF Carr & Stanton, Hastings, New Zealand
News - 28 08 2019
Rewind to 2017 and Johnny Ryan and Phillipa Harper were keen to own their own business. A chance conversation with friends led them to look at Just Cabins: a franchise network across New Zealand. Their friends, Roger and Helen Stonehouse already owned the Just Cabins Hawke’s Bay territory but were keen to split the area in two. Whilst Johnny admits that the idea of a franchise (and having to meet franchisee conditions) had never appealed before, they quickly saw the benefits.
News - 01 03 2019
News - 21 02 2019
Worst kept secret confirmed: Tax Working Group recommend Capital Gains Tax
The Tax Working Group (TWG) has today released their final report which has confirmed close to 100 specific recommendations across New Zealand’s tax system including a broad Capital Gains Tax.
News - 06 12 2018
Payday filing was voluntary from 1 April 2018 and becomes mandatory for all employers from 1 April 2019.
Under payday filing, the majority of employers will be required to provide payroll information to Inland Revenue in electronic form within two working days following each payday.
It doesn’t matter if you’re just starting out in business or already have an established business, understanding your cash flow is one of the most important aspects of business management.
The Government has announced legislation providing for new GST rules on low-value imported goods. The proposed changes will have effect from 1 October 2019.
Offshore suppliers and re-deliverers will be required to register for GST if their total taxable supplies to NZ consumers exceeds $60,000 per year.
After extensive public consultation, the Government has drafted legislation to introduce a research and development (R&D) tax credit of 15% on eligible R&D expenditure. This legislation is expected to pass early next year and will apply from the beginning of the 2020 income tax year. For early balance dates, it will apply for years beginning 1 November 2018. The new R&D tax credit will replace the Callaghan Growth Grants which will be phased out by 31 March 2021.
News - 28 11 2018
The year is rapidly coming to a close and apart from wondering where it went, 2018 appears to have been a year of growth! We’ve seen it in our business, our team, clients’ businesses, the Hawke’s Bay region and the PKF network.
In a fast-paced world, it’s exciting to see that businesses in Hawke’s Bay and New Zealand are not only keeping up with change, but moving forward and in some cases leading the way!
News - 08 11 2018
Have you read the second co-edition of the Xero user magazine brought to you by PKF New Zealand.
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