http://www.thewealthhub.co.nz Thu, 21 Jan 2010 21:09:04 +0000 http://backend.userland.com/rss092 en If you believe the media and the growing talkfest about what everyone "knows" is true, NZ is due for a major tax shake-up - or is it? At the moment there is a lot of hype and the media is reporting that the tax system is "broke". That may be so, ... http://www.thewealthhub.co.nz/tax-upheaval-coming-or-is-it/ The 2009 tax filing deadline for most taxpayers (March 31 2010) is approaching fast. We do still have some clients who haven't sent in their papers. They run the risk of incurring late filing penalties, but more than that they run the risk of incurring use of money interest and late ... http://www.thewealthhub.co.nz/2009-filing-deadline-approaching-fast/ The new associated persons (AP) rules generally will be effective from the 2010/11 tax year. They introduce major changes in the area of land sales. We have dealt with one case already and agree with the tax consult advice that for most taxpayers the avoidance of association has now become so ... http://www.thewealthhub.co.nz/beware-new-associated-person-rules/ The new voluntary payroll-giving scheme began yesterday, January 7 2010. The scheme provides a tax credit for gifts of money that are deducted from an employee's pay through an employer's payroll. Employees receive an immediate reduction in tax by way of the tax credit each pay period, eliminating the need ... http://www.thewealthhub.co.nz/new-tax-credit/ http://www.thewealthhub.co.nz/welcome-to-a-new-year-and-to-our-new-website-i-hope-you-enjoy-the-visit-were-going-to-be-using-this-journal-to-keep-you-in-touch-with-what-were-doing-and-informed-about-upcoming-events-as-they-w/