Findex Business Advisory team continues growth with new Partner hire

Dated: July 2, 2018

Chris Richardson joins as Associate Partner at Crowe Horwath Melbourne, from Deloitte’s Melbourne Risk Advisory team. Findex has continued to drive growth in its Business Advisory team with Chris Richardson joining as Associate Partner of Crowe Horwath Melbourne. The announcement comes as Findex continues to build for the future with Mr Richardson, previously with Deloitte,Continue reading 

Introducing: Credit Consulting

Dated: July 2, 2018

Unpaid invoices remain a major pain point for any business. The severe impact late payments can have on cash flow, beyond the additional investment required to ensure these invoices are paid, can hamper business growth and impact your ability to plan effectively for the future. To better assist with the needs of our clients, CroweContinue reading 

Extension of Residential Land Bright-line Rule

Dated: June 28, 2018

The bright-line period for the residential land bright-line test has been extended from two years to five years. The bright-line test taxes a sale of residential land when the sale occurs within the bright-line period. Before this change, the bright-line period was the two-year period beginning on the date the title to property was registeredContinue reading 

Understanding your profit

Dated: June 28, 2018

Survey results from participants that attended our recent cloud accounting seminars series, reported that the main item they would like assistance with is “understanding financial statements”. Given financial statements are produced at least annually (if not more frequently), business owners should in theory understand and be able to interpret their meaning. Piecing together the meaningContinue reading 

Do you have Australian Investments? You may have Australian tax obligations

Dated: June 28, 2018

As you may be aware New Zealand has entered into an Automatic Exchange of Information Agreement with approximately 100 other countries, including Australia.  This results in information being shared by “financial institutions” with the relevant tax authorities.  The first round of information is being shared later this year. If you have investments in Australia (otherContinue reading 

The annual Hawke’s Bay Farm Benchmarking Report

Dated: June 22, 2018

The annual Hawke’s Bay Farm Benchmarking Report provides detailed insight into the performance of Hawke’s Bay farms, with the results of 120+ operators analysed. This year’s study lifts the lid on uneven results for the region’s primary producers, thanks to the lingering effects of climate phenomena, and shows that the best-run farms are achieving soundContinue reading 

New Hybrid and Branch Mismatch Rules

Dated: June 15, 2018

The Taxation (Neutralising Base Erosion and Profit Shifting) Bill also introduces rules to address hybrid and branch mismatch arrangements that arise with cross-border arrangements that exploit differences in the tax treatment of an instrument, entity, or branch under the laws of two or more countries. A hybrid or branch mismatch arrangement can result in aContinue reading 

Changes to Thin Capitalisation Calculations

Dated: June 15, 2018

The Taxation (Neutralising Base Erosion and Profit Shifting) Bill contains a number of amendments to New Zealand’s tax laws designed to prevent multi-nationals lowering their exposure to New Zealand income tax. Among those changes are changes to the thin capitalisation rules. One proposed change is for “Total Assets” to be calculated net of “Non-Debt Liabilities”.Continue reading