August 2023

39% Trust tax rate

On 18 May 2023, the government introduced the Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill. The Bill includes draft legislation that will see the trust tax rate increase from 33% to 39% from 1 April 2024, thereby aligning it with the top personal marginal tax rate.

Moore Markhams
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GST registration checks

A standard data policing check completed by Inland Revenue is to review taxpayer GST filing patterns to identify taxpayers that are GST registered, but perhaps shouldn’t be.

Moore Markhams
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Leaky home repairs concluded as not deductible

The leaky homes crisis represents one of the most severe problems faced by New Zealand’s property sector and continues to cause stress and anxiety for those affected. Adding to the uncertainty for rental property owners has been the question of whether repair costs are immediately deductible as ’repairs and maintenance’ (R&M).

Moore Markhams
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Staff Incentives: How to Engage Staff in a Changing World

In today's fast-paced and competitive business world, it is crucial to recognise that behind every successful organisation are its dedicated and talented employees.

Moore Markhams
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SUSTAINABLE BUSINESS IS SMART BUSINESS: ESG WEBINAR

ESG has become the topic of the day and with recent developments the spotlight on sustainable business practices has become much brighter.

Steve Dixon, ESG Specialist, ANZ
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The Power of Continuous Development: Staying Ahead in the World of Professional Services

Continuous development is essential in the finance and accounting world to stay credible and excel in the profession. At Moore Markhams, we prioritise ongoing learning to navigate regulatory changes, enhance technical competence, nurture industry expertise, foster innovation, boost credibility and trust, and attract top talent. By investing in our staff's growth and staying ahead of the curve, we solidify our position as a trusted partner in our clients' financial journey.

Moore Markhams
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