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Accountant Jailed For Theft

A New Zealand accountant was recently jailed for theft. A small clothing label by the name of Bettie Monroe was bleeding money and they didn’t even know it. For many years, the joint clothing boutique business was suffering at the hands of someone they trusted. The accountant, Roopa Patel was…

Government Tightens Lending Rules To Curb Housing Crisis

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The steep increase in New Zealand property prices has led to a housing crisis. Market figures indicate prices have risen by about 30% over the last year due to record-low interest rates and cheap access to capital thanks to the government’s stimulus spending. With more Kiwis returning home due to…

Cryptocurrency used to money launder

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When cryptocurrency was first revealed to the world and Bitcoin began in 2009, many people saw its only use as being in the black market. Cryptocurrency in its infancy was not taken seriously by the world. When it was just Bitcoin that was around, its value was low and barely…

Rising Interest Rates Cast Gloom Over First-Time Home Buyers’ Market

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Recent housing figures from the Real Estate Institute of New Zealand (REINZ) show that first-time home buyers made up 41.1% of the 7,345 June sales. This is almost at par with the 41.5% of sales attributed to the same demographic back in May. It is predominantly in December and January…

Nurses in New Zealand still negotiating better working wages, hold off on July strike for now but still impose strikes for later this year.

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Nurses are essential in communities as the first point of contact for health care services and are more important than ever during an era of a worldwide pandemic. In early July, around 30,000 healthcare workers in New Zealand prepared to conduct three strikes in protest of a 1.38% offered pay…

New Zealand’s CPI Spike Highest In A Decade

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The Reserve Bank of New Zealand (RBNZ) has reported a surprising spike in the consumer price index (CPI) that has raised inflation by 1.3%, achieving an annual inflation rate of 3.3% by the end of the second quarter. These figures are well above the RBNZ’s target inflation band of 1-3%…

New Zealand’s tax system is attractive because of the lack of inheritance tax – which is a touchy subject for many.

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New Zealand’s tax system doesn’t tax on inheritance tax, healthcare or capital gains tax. The Labour party may start proposing an inheritance tax in the future, although there are no clear signs as of yet as it is a tough topic for debate and is something that needs to be…

Howl of A Protest Against “Ute Tax” Gathers Momentum

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The farming community is all set to demonstrate their displeasure at new tax regulations they feel are unfairly targeting their livelihoods and mounting unnecessary regulations. Top of the agenda is the government’s Clean Car Package. It introduces new legislation meant to encourage more New Zealanders to invest in lower carbon-emitting…

Immigration to Australia and New Zealand is looked at through a ‘skilled work’ lens, prioritising certain occupations.

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In Australia the Priority Migration Skilled Occupation List (PMSOL) is the list of occupations that are prioritised with Visa processing, some of these occupations including accountants, taxation accountants and internal and external auditors. This list also includes occupations such as chefs, nurses and other occupations that are deemed necessary for…

IR’s Faulty Tax Calculator Found to Have Overestimated Taxable Income

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The Inland Revenue (IR) has confirmed that some taxpayers may have suffered an overestimation of their taxable income due to a prolonged fault in one of their online tax calculators. The fault has reportedly been in effect for the last 15 months and was only just realised days before the…

Accountancy Insurance

Tax Audit Insurance

Accountant Jailed For Theft

Government Tightens Lending Rules To Curb Housing Crisis

Cryptocurrency used to money launder

Rising Interest Rates Cast Gloom Over First-Time Home Buyers’ Market

Nurses in New Zealand still negotiating better working wages, hold off on July strike for now but still impose strikes for later this year.

New Zealand’s CPI Spike Highest In A Decade

New Zealand’s tax system is attractive because of the lack of inheritance tax – which is a touchy subject for many.

Howl of A Protest Against “Ute Tax” Gathers Momentum

Immigration to Australia and New Zealand is looked at through a ‘skilled work’ lens, prioritising certain occupations.

IR’s Faulty Tax Calculator Found to Have Overestimated Taxable Income

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