IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Taxation (Tax) stories - Page 6

Sharing economy

It's all fun and games in the sharing economy, until the taxes aren't done

Wed, 23rd Aug 2017
#
fintech
#
financial systems
#
tax
The IRD is cracking down on undeclared income and it's very easy for them to see what services a company is offering online.
Accounting software

Exclusive interview: Will software replace accountants with new AIM reporting rules?

Fri, 11th Aug 2017
#
fintech
#
financial systems
#
tax
Bellingham Wallace director Mike Atkinson talks about the evolution of the accountant's role, and why SMBs will still need them.
Thinkstockphotos 530469027

Xero: As NZ's General Election looms, SMBs voice concern about tax rates

Thu, 3rd Aug 2017
#
fintech
#
financial systems
#
risk & compliance
With New Zealand's General Election little more than seven weeks away, small businesses are concerned how the outcome will impact their tax rates.
Thinkstockphotos 667039574

How automated technology can prevent a payroll fraud

Fri, 26th May 2017
#
hcm
#
it automation
#
tax
Cutting-edge tech holds key to payroll fraud prevention, following a colossal Plutus scandal, says InPayTech's Don Sharp.
Thinkstockphotos 514404462

Apple comes out fighting against European Union's NZ $20 billion tax ruling

Wed, 31st Aug 2016
#
apple
#
tax
#
sales
Apple is confident it will wipe the pie off its face after it was hit by a €13 billion (NZD $20 billion) in retroactive taxes by the European Union.
Thinkstockphotos 493335588

Xero improves tax time by bringing eGST into software

Tue, 26th Jul 2016
#
fintech
#
financial systems
#
risk & compliance
After successful trials, Xero is bringing direct electronic GST returns to its software that can be sent straight to the IRD, the company reports.
Thinkstockphotos 539831766

IRD seeks feedback on software development expenditure for income tax

Tue, 19th Jul 2016
#
software development
#
tax
#
ird
The IRD is seeking consultation and feedback on how software development expenditure should be classed for income tax purposes.
Tax

Crazy things small business owners tried to write-off on their taxes last year

Tue, 3rd May 2016
#
fintech
#
financial systems
#
xero
Mixing personal and business expenses is the most common mistake small business owners make that result in audits.
Ird

Online tax services saving businesses money

Thu, 22nd Oct 2015
#
government
#
tax
#
ird
Increasing numbers of businesses and individual taxpayers turning to online service to pay tax means big savings, according to the Government.
Google under microscope

Google NZ's $371,799 tax on $14.9 million revenue

Wed, 8th Jul 2015
#
fintech
#
google
#
tax
Google faced a higher tax bill last year, but the $371,799 bill is unlikely to faze the company, which made $14.9 million in recorded revenue.
Ird

Inland Revenue chooses US company for billion dollar update

Mon, 8th Jun 2015
#
tax
#
ird
#
it management
The Inland Revenue has partnered with US company Fast Enterprises to update New Zealand's tax and social policy administration system.
Tax

Should the IRD scrap tax estimations?

Thu, 16th Apr 2015
#
government
#
tax
#
ird
Inland Revenue is seeking feedback from business owners on whether to scrap provisional tax estimations in favour of real-time tax calculation.
Arrow down

NZ government turns to $269 mln deficit in 8 months to February

Fri, 10th Apr 2015
#
government
#
tax
#
acc
The New Zealand government turned to a deficit in the first eight months of the financial year, although the shortfall was smaller than forecast as th.
Gettyimages 490782234

Dulux takes $15.2 million hit in IRD tax dispute

Tue, 7th Apr 2015
#
tax
#
ird
#
asx
DuluxGroup settles a long-standing tax dispute with New Zealand's IRD, taking a USD $15.2 million hit to cover provisions, including USD $8.9 million in cash.
Fisher and paykel

F&P Appliances see records surge in global sales, narrows full-year loss

Thu, 2nd Apr 2015
#
tax
#
sales
#
market
Fisher & Paykel Appliances narrowed its full-year loss in 2014 after sales growth across all its markets helped drive a surge in revenue.
Tax

PAYE for NZ businesses proposed in biggest tax shake-up since 1957

Tue, 31st Mar 2015
#
risk & compliance
#
tax
#
ird
The government is floating the idea of businesses paying their tax on a pay-as-you-go (PAYE) basis, like individual taxpayers, in the biggest proposed.
Kathmandu logo detail 1

Kathmandu slows pace of store openings after first-half loss

Tue, 24th Mar 2015
#
tax
#
shares
#
sales
Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.
Xero

Vital Healthcare 1H earnings drop 21% on bigger tax bill

Thu, 26th Feb 2015
#
healthtech
#
tax
#
vital healthcare property trust
Vital Healthcare Property Trust, the country's biggest listed healthcare property investor, reported a 21 percent drop in first-half earnings as it fa.
Xero

Intueri misses annual earnings forecast on New Zealand performance

Thu, 26th Feb 2015
#
tax
#
stock exchange
#
shares
Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.
Fallback

CORRECT: Suncorp posts 15% gain in first-half profit; flags potential reinsurance impact

Wed, 11th Feb 2015
#
tax
#
insurance
#
vero
Suncorp's half-year profit soars by 15%, yet cautions over potential £118m reinsurance hit from past natural disasters.