[IRD] [taxpolicy] No tax on KiwiSaver first home subsidy

Changes were made to the tax rules by Order in Council this week to allow the KiwiSaver first home deposit subsidy to be treated as a social assistance suspensory loan for tax purposes.  For more information see the media statement at:http://www.taxpolicy.ird.govt.nz/  

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KiwiSaver: What the fund fees are costing you

New Zealanders saving for their retirement through a KiwiSaver fund could pay more than $60,000 in fees over their working life. A higher-than-expected uptake has given fund providers $36 million in the year to March 2009 – the equivalent of $36 for every KiwiSaver client. That total is tipped to have climbed to $62 for

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[DOL] New employment relations and health and safety resource

A productive workplace is one where people are safe, healthy, and treated fairly. Creating this sort of environment helps organisations recruit and retain skilled staff, minimise employment relationship problems, and avoid tragic and costly accidents.   The Big Six is a series of six brochures that provide checklists and tasks that draw attention to legal

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[IRD] Agents Answers April 2010

In this issue you can read about target dates for 2011, educating your clients, income equalisation scheme, extra adjustment not needed for IR 4J, new rates for child support 2011, instalment arrangements via tax agents, student loan voluntary repayment bonus, Client maintenance service availability, online financial transfer requests, taxing redundancy payments, 2010 tax credit claims,

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[IRD] April issue of Business Tax Update

In this issue you can read about RWT and secondary tax changes, applying for installment arrangements online, new rates for child support 2011, KiwiSaver and the accommodation allowance, student loan repayment calculator, and paying by debit or credit card. Here’s the link to the April issue of Business Tax Update: http://www.ird.govt.nz/btu

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KiwiSaver: What the fund fees are costing you

New Zealanders saving for their retirement through a KiwiSaver fund could pay more than $60,000 in fees over their working life. A higher-than-expected uptake has given fund providers $36 million in the year to March 2009 – the equivalent of $36 for every KiwiSaver client. That total is tipped to have climbed to $62 for

Read More…

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