There has been some positive changes regarding companies with motor vehicles that are being used for both business and private use by shareholder-employees, which often fall under the FBT rules. However, new rules came into effect from April 2017 that are very benefic...
If you are selling a residential property, that was not your family home and your original intentions were to make a gain on it, then you more than likely have to pay tax on any profit that you make.
Things that are considered, on whether and what tax to pay are:
IRD has brought out a new way to pay provisional tax, which they have called AIM accounting income method. Basically, this is filing a mini tax return every two months, opposed to just the end of the year. Sounds great on the surface but once you start getting into th...
