Filter insights by:
Filters applied:
Showing 14 of 62 content results
Inland Revenue changes for Trusts: What you need to know
Technical guide Inland Revenue changes for Trusts: What you need to know
The new Trusts Act 2019, which came into force on 30 January 2021, was one of the biggest changes for Trusts for quite some time. Now, Inland Revenue has also introduced further reporting and disclosure requirements. Here's what you need to know.
19. April 2022
Reserves policy
Technical guide Reserves policy
Not for Profit organisations need reserves to fund organisational change and improvements, and to provide a buffer for potential events that will adversely affect the organisation.
25. November 2021
Holidays Act 2003: Is your business compliant?
INSIGHT Holidays Act 2003: Is your business compliant?
Our specialist payroll assurance team can conduct a review of your payroll system configuration and processes, and then help you and your team to implement any necessary recalculations.
26. Oktober 2021
Mandatory climate related reporting on the way for some NZ businesses
Insight Mandatory climate related reporting on the way for some NZ businesses
Mandatory climate related reporting on the way for some NZ businesses. The Government is establishing a standardised approach to climate-related reporting for certain entities to disclose their progress on emission reduction in a way that’s transparent and consistent.
David Pacey
David Pacey
| 20. Oktober 2021
Government’s interest deductibility rules the most controversial tax policy to date
Insight Government’s interest deductibility rules the most controversial tax policy to date
Government’s interest deductibility rules the most controversial tax policy to date were changes to the tax system to counter what it saw as favourable treatment for investors in residential housing.
1. Oktober 2021
Privy Council confirms directors’ duties are still owed for insolvent companies
Corporate Governance 2021 Privy Council confirms directors’ duties are still owed for insolvent companies
Privy Council confirms directors’ duties are still owed for insolvent companies
2. September 2021
Incorporated Societies: New legislation is on the way – here’s how to prepare
INSIGHT Incorporated Societies: New legislation is on the way – here’s how to prepare
For well over 100 years the Incorporated Societies Act 1908 has enabled community related organisations to become incorporated for a wide variety of purposes. However, this Act is now outdated and deficient in many respects.
27. Mai 2021
New financial year, new approaches to asset impairment testing
INSIGHT New financial year, new approaches to asset impairment testing
The economic impacts of COVID-19 will continue to persist well into 2021. Our borders remain substantively closed and the nationwide roll out of a COVID-19 vaccine is yet to commence in New Zealand. This means that teams which perform inhouse impairment testing need to consider how the ripple effects of the pandemic will influence their financial statements over the next 12 months.
8. April 2021
Residential property tax changes: How much will you pay?
Briefing Residential property tax changes: How much will you pay?
In a bid to ease New Zealand’s housing crisis, the Government has introduced new legislation that will impact current owners of residential investment property and new purchases made on or after 27 March 2021.
23. März 2021
Significant GST changes on the way for Not for Profit organisations
Insight Significant GST changes on the way for Not for Profit organisations
A major change has been made to how NFPs can claim GST credits on their assets.
2. November 2020
IFRS 3: Definition of a Business
Technical guide IFRS 3: Definition of a Business
In October 2018, the IASB issued ‘Definition of a Business’ making amendments to IFRS 3 ‘Business Combinations’. The amendments are a response to feedback received from the post-implementation review of IFRS 3 (‘the Standard’). They clarify the definition of a business, with the aim of helping entities to determine whether a transaction should be accounted for as an asset acquisition or a business combination.
David Pacey
David Pacey
| 28. Oktober 2019
Navigating the changes to PBE IPSAS for Not-for-Profits
Technical publications Navigating the changes to PBE IPSAS for Not-for-Profits
The requirements of Public Benefit Entities International Public Sector Accounting Standards (PBE IPSAS) for Not-for-Profit reporting entities are continuing to change. Navigating the Changes to PBE IPSAS for Not-for-Profits gives chief financial officers, and audit and risk committee members a high-level awareness of these recent changes to PBE IPSAS. It covers both brand new standards, and changes that have been made to existing ones.
9. April 2019
Not for profits: Turn your financial statements into an effective communication tool.
Article Not for profits: Turn your financial statements into an effective communication tool.
Whether you want to communicate your organisation’s purpose and objectives, or to attract new sources of funding, your annual financial statements are a powerful tool for telling your story, but all too often the opportunity for making an impact is lost.
14. August 2018
The ‘bright-line’ test and other tax considerations in relationship property settlements
Article The ‘bright-line’ test and other tax considerations in relationship property settlements
Although the tax implications of relationship property settlements are rarely front-of-mind, they can have significant consequences. It is important any tax implications are properly considered and reflected in the agreement to achieve a fair settlement. This article discusses the general tax principles relating to the settlement of relationship property, including the potential effect of the new ‘bright line’ test for residential property recently introduced on 1 October 2015.
Jay Shaw
Jay Shaw
| 7. September 2015