Transaction Undervalue
A Word of Warning over buying items clearly undervalue If you have purchased assets from a company which has since gone into liquidation, it is
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Public Benefit Entity Reporting Thresholds Increased
Updated PBE Tier Sizes – Reporting relief to benefit smaller charities and NFP The XRB has amended XRB A1 Application of the Accounting Standards Framework
Employer Provided Motor Vehicles for Private Use
Certain commercial vehicles, “work-related vehicles” as defined in IRD Fringe Benefit tax guide IR409-2022 can be taken home by employees and the related travel not
Changes to the 2023-2024 IRD kilometre rates
The IRD has announced the kilometre rates, also referred to as mileage rates, for the 2023-2024 income year. The rates are $1.04 for petrol, diesel,