Provisional Tax: avoiding pitfalls
If you are liable for provisional tax and you don't pay, or you underpay or pay late then you may be liable for both penalties and use of money interest (UOMI).Choosing to be a provisional tax payerYou may elect to become a provisional taxpayer. You will be eligible to do this if you have paid provisional tax of more than $5,000 and if you had the expectation on the date you made the first payment that you would be a provisional tax payer for that year. If you pay provisional tax and...
June 25, 2021SGCA Winter 2021 Newsletter (a good read)
...
June 25, 2021Checklists for year end
...
June 22, 20212021 May Balance Date Checklist
...
June 22, 20212021 March Balance Date Checklist
...
June 22, 20212021 June Balance Date Checklist
...
June 22, 2021Covid 19
...
February 15, 2021Covid-19 Short-Term Absence Payment
On 8th February 2020 the government announced a new Covid-19 Short Term Absence Payment (STAP) to support employers and self-employed workers. Available from: 9th February 2020. Where from: Work and Income Value: A one-off payment of $350.00. GST: Not required or payable on payment received. Criteria:&...
February 15, 2021Small Business Cashflow Loans now available until 2023
Don't miss the newest information regarding the Small Business Cashflow Loan Scheme.The first cabinet decision of the new Labour Government, which was announced on 9 November, recognises that the effects of Covid-19 on NZ businesses are here to stay for a while longer. If you own a small business that managed to ride the storm caused by the original restrictions, but are beginning to find business is tough, this could be for you.Easing of restrictionsWhile this loan is still related to a lo...
January 26, 2021Is your trust still relevant?
...
October 5, 2020Covid-19, Small business cashflow loan scheme (SBCS)
This is available to small to medium businesses with 50 or fewer full-time employees. This includes sole-traders and self-employed businesses. The maximum amount you can borrow depend on the number of full-time and part-time employees you have. If you are a business without employees, ie sole trader or self-employed, you can receive a loan of up to $11,800. Loan terms - $10,000 to be provided to eligible businesses - an additional $1,800 per full-time employee equivalent - interest f...
May 12, 2020Celebrating 10 Years
...
March 30, 2020 Posts 26-37 of 37 | Page prev