Tax and international advisory expertise acknowledged in promotion

Murray Tuck, Moore Markhams Auckland has been promoted to a unique Senior Manager – Tax and International Advisory role that acknowledges his particular expertise in answering complex tax and international transactions. We share more about Murray’s skills.

Budget 2022 - Our view

It could be said that the Wellbeing Budget 2022: A Secure Future announced on May 20, was a B budget – balanced, backwards, big spending, being some of the words used to describe it.

Jessica Buddendijk - van Horrik QSM | Passion powers aged-care advocate

After 37 years as a worker, educator, advisor, and advocate in aged care, Jessica Buddendijk-van Horrik could be forgiven a slight cooling off in her passion for the sector. But she remains energised and devoted to her vocation, receiving an Honorary Queen’s Service Medal in recognition of her contribution.

Insulmax Insulation | Insulation buy a ‘no-brainer’

When Conan Mitchell bought Insulmax Insulation Otago last year, no hard sell was necessary. It was a business he knew inside out; Conan was the first Insulmax employee in New Zealand when it launched seven years ago and also helped establish the other eight – independently owned – Insulmax businesses around the country.

Changes to trust disclosures to prevent under-taxation

Two changes have recently surfaced in relation to trusts and the disclosure of trust information. Inland Revenue intends using the information to determine how trusts are being used and measures to prevent under-taxation from the use of trusts.

Is it a ‘New Build’? The new legislation summarised

The residential bright line period has increased from 5 to 10 years with a denial of interest deductibility for residential investment properties. The new legislation is complex and difficult to interpret because it has been written with numerous potential fact scenarios in mind.

Don’t get caught by an Inland Revenue scam

Savvy scammers know that Kiwis expect to receive correspondence from Inland Revenue over the next few months. Beware emails or texts that appear to have come from IR to con you out of money.

Record-keeping requirements simplified - learn what’s required

New legislation was passed at the end of March to improve and modernise GST invoicing and record-keeping requirements. Learn what’s involved with TSIs, SCIs and more.

Taxation of capital - does NZ have a capital gains tax?

Inland Revenue released a government discussion document that contains a proposal that represents a further erosion of the principle that New Zealand does not tax capital gains. What’s proposed if you sell shares in a company?

New associate growing iwi relationships in positive career move

Moore Markhams Hawkes Bay has strengthened its agribusiness and iwi business teams with the appointment of Maui Henare as associate.

Thanks Dan, 26 years of sterling service

It is with some sadness we share the news that Dan Druzianic has retired from the firm after 26 years, but we are pleased that he remains with us as a consultant.

New Associate enjoying global growth opportunities

Moore Markhams Auckland’s new associate, Anson Lam is thriving on the opportunities her role is providing her. Anson was appointed an associate of the Auckland firm in April.

Auckland auditor keen to tackle ‘hot stuff’

Stuart Hansen, Moore Markhams Auckland and Christchurch senior audit manager, has been a member of the Devonport Volunteer Fire Brigade for the past three years and sees it as a great way to give back to his community.

Gearing up to meet growing Queenstown business need

Our Moore Markhams Queenstown has moved into a new office and increased its team from two to five to better meet the growing needs of businesses throughout Central Otago and the Southern Lakes region.

StudioCDesign | A design for success

It’s an unlikely genesis for a successful design company, but when Celeste and Glen Skachill set up StudioCDesign, they went bush. Bruce Stormer, Moore Markhams director guided the couple and continues to mentor them as their business grows.

Wilson Scott Recruitment | Building business back better

Auckland firm Wilson Scott Recruitment is rebuilding to new heights following a “perfect storm” of setbacks that included Covid’s shock squeeze on the construction industry. We share how Moore Markhams’ Toby Laidlaw helped the transformation.

Wests | An iconic investment

After time spent working in Asia, Angela and Craig McFarlane felt a pull to return to their Dunedin roots.  Moore Markhams’ Callum Hayde helped them become the proud owners of drink, cordial and syrup producer, Wests – one of NZ’s oldest companies.

Empowering girls to change their world

Moore Markhams is delighted to support GirlGuiding New Zealand to train volunteers providing leadership to girls around the country so they can discover their passions, contribute to their communities, and form friendships in a safe and positive space.

Fellowship award for Wellington director

Bruce Stormer, a director in our Wellington business advisory firm, has been made a Fellow of Chartered Accountants of Australia and New Zealand.

A tale of two halves for Auckland suburban legal firms

Overall, the Auckland legal sector has remained buoyant through the past few years of Covid disruption. This is one of the insights from the 2021 Moore Markhams Auckland legal practitioners’ performance survey just released. Read more here.

From unsure to leader, Deron grows with Outward Bound

Henderson High School Year 12 Deron Tildsley arrived at Outward Bound “real unsure”. 21 days later he left with the knowledge that he has the confidence and leadership skills to aim for head boy next year.

Latest on Property Tax Rules

On Tuesday 28 September, the Government released the draft legislation outlining the details of the policy limiting the deductibility of interest costs for residential property investments.

How family-held businesses can thrive generation after generation

A well-designed family-held business succession plan can articulate the vision and values of the founders and help ensure a smooth transition to the next generation. From our experience, many leave succession planning too late. We share some of the key questions that a family should be asking if it wants its business to thrive from one generation to the next.

Kitchens For Less | Kitchen renos running hot

It’s all hands on deck at Otago firm Kitchens For Less as Covid-confined Kiwis splash out on new kitchens as would-be travellers divert holiday funds to renovations, with kitchens often top of the list.

Sanders Pharmacy | A winning strategy to business growth

Gemma Perry doesn’t believe in sitting on her laurels. Owner of Sanders Pharmacy in Te Awamutu, and a former New Zealand Young Pharmacist of the Year, Gemma and her team were named Community Pharmacy of the Year at this year’s Primary Healthcare Awards.

‘New builds’ discussion document

Inland Revenue’s “Design of the interest limitation rule and additional bright-line rules” document provides clarification on the proposed rules and seeks feedback on certain elements regarding the tax deductibility of interest on residential investment properties and the extension of the bright-line period to 10 years. 

The inconvenient truth about sustainability

Technology needed to meet 2050 global emissions targets is not ready but there are five steps we could take now that would make a big difference.

LNG: is the answer to sustainable shipping staring us in the face?

Shipping would be the world’s sixth largest polluter if it was a country. Powering vessels with LNG could cut emissions by 30 percent but it is controversial.