Insights

Insight What every employer needs to know about NZ’s biggest workplace reform in 20 years

New Zealand’s Holidays Act 2003 is finally getting a long-awaited overhaul. In this article we provide expert insight into what's changing for employers and their employees, and five key tips to help businesses with the upcoming transition.

7 min read | 30 Sep 2025

Insight How to prepare for IFRS 18

Discover the impact of NZ IFRS 18 on your organisation and insights about what this could mean for your business.

26 Aug 2025

Insight IFRS 18: Plan now or panic later?

A new reporting standard, NZ IFRS 18, kicks in from 1 January 2027. Nothing to worry about right now, you might think. But if you wait until 2027 to think about NZ IFRS 18, you might find yourself in a panic.

David Pacey

| 7 min read | 26 Aug 2025

Insight How IFRS is rewriting retirement villages’ financial reality in New Zealand

It’s been a long-held misconception that retirement village operators in New Zealand rake in excess profits—at least on paper. But a closer look reveals a different story.

David Pacey

| 4 min read | 05 Aug 2025

Insight Incorporated societies: Are you ready for new reporting standards?

New regulations are changing how some incorporated societies report their finances. The Incorporated Societies Act 2022 replaces the 1908 Act, marking the first major overhaul in more than 100 years.

| 6 min read | 07 Jul 2025

INSIGHT New tax clarity for mutual associations: Helpful guidance or costly compliance?

The rules around calculating a company’s taxable income are well established. But what if you’re a mutual association – a resident’s association, membership organisation or industry group (among others)?

| 5 min read | 07 Jul 2025

Insight Navigating US tariffs: Implications for NZ & Australian multinationals

The broader implications of tariffs for New Zealand and Australian multinational businesses exporting to the US are significant. This environment is incredibly dynamic as more tariffs and retaliatory measures are released almost daily.

Alejandro Ces

| 10 min read | 07 Jul 2025

Insight The impact of US fiscal policy on NZ financial reporting

Changes in the economic and fiscal policy priorities of the U.S. government together with the international response could have a significant, wide-ranging economic impact on entities in New Zealand, both directly and indirectly. These factors could trigger the need for responses in your accounting and financial reporting, including disclosures.

David Pacey

| 6 min read | 08 May 2025

alert NFP tax alert for Incorporated Societies and other Mutual Associations

Inland Revenue has just released a draft operational statement (ED0265) about the income tax treatment of transactions between not-for-profit associations (Mutual Associations) and their members.

| 2 min read | 02 May 2025

Insight Changes to FBT are looming: Here’s what you need to know

Inland Revenue has issued an open submission to reduce the complexity of compliance with fringe benefits tax (FBT) - a welcome move toward modernising the regime and addressing long-standing complexity, particularly around motor vehicles and minor benefits.

| 7 min read | 29 Apr 2025

Compliance Your annual tax returns for the financial year end 2025

To meet your tax compliance requirements for the financial year end 2025, you need to complete an information questionnaire and send it back to us along with any required documentation. You can return your form using one of two methods - print and post or email.

3 min read | 15 Apr 2025

Insight Not for profit financial reporting and accounting update

Reporting changes have been introduced for not-for-profits (NFPs) reporting under the Tier 3 and Tier 4 frameworks, and are effective for periods beginning on or after 1 April 2024 for the year ending 31 March onwards.

David Pacey

| 7 min read | 09 Apr 2025

Insight Financial year-end: Your checklist for a smoother preparation process

As 31 March 2025 approaches, it’s time for most businesses across New Zealand to get their financials in order – an often time consuming and stressful task. Whether you’re a small business owner or running a larger operation, with a bit of planning, you can wrap up the financial year smoothly and set yourself up for success in the next one.

Joel Gauntlett

| 5 min read | 04 Mar 2025

Insight New Zealand tax residency: Easy to get, much harder to lose

New Zealand residents pay tax in Aotearoa on world-wide income. Simple enough. But what about people who only live here sometimes, or intend to move to another country?

Elaine Teh-Hong

| 11 min read | 03 Dec 2024

Insight NZ IFRS 18: A new presentation and disclosure standard is now here

The External Reporting Board (‘XRB’) has recently published a new standard, NZ IFRS 18 ‘Presentation and Disclosure in Financial Statements’. It replaces NZ IAS 1 ‘Presentation of Financial Statements’ and will impact every reporting entity currently reporting under New Zealand equivalents to International Financial Reporting Standards.

David Pacey

| 9 min read | 02 Dec 2024

Insight IR has confirmed its approach to tax compliance for multinationals: Here's what you need to know

Prevention is better than cure: That’s Inland Revenue’s perspective on tax compliance for multinationals. It wants to make compliance easy and non-compliance difficult, by helping customers early, providing clear guidance and keeping costs down.

Alejandro Ces

| 9 min read | 04 Nov 2024

CONNECT

ABOUT

LEGAL

Read our insights