Achieving your tax objectives in today's ever-evolving global landscape requires experience and foresight. Make the best decisions to strategically move your business forward with confidence.
Very few organisations have the interest in tax or the capacity to deal with it on a day-to-day basis. However, the tax laws under which we all operate can provide a huge benefit beyond simple compliance.
From large corporations to small family businesses – and every type of entity in between – advantages exist in the form of cloud accounting, profit sharing, tax pooling and many other innovations. What's more, tax plays a large part in major business transactions, as well as in everyday operations, transformation projects and when looking to get the most out of your workforce. In short, there's hardly any part of business that tax doesn't touch, so it pays to get it right.
That's not always so simple for New Zealand businesses. Complex tax laws on things like GST, Customs and Excise and International Tax are constantly being tweaked and refined. You need to stay ahead and make sure you're finding innovative solutions to tax problems.
We love working with our clients to help them to understand and apply the law in an effective and valuable way. In today's complex environment, businesses require the combination of commercial, accounting and legal advice, and we're positioned to provide all three at the highest level.
The varied tax services we offer are purposefully designed to solve particular client issues. We're confident that after a short discussion, we can come up with the best, most valuable approach to your taxation challenges.
And as part of the worldwide PwC network, we can tap into our wider resources to help Kiwi businesses get a global footing. Whether that involves complying with tax laws in a foreign country or applying solutions that have been tried and tested elsewhere in the world, we're proud to be able to give our clients a competitive edge.
In this issue: It’s a brave new world for New Zealand’s international tax rules. The new rules are expected to take effect for income years starting on or after 1 July 2018. This also includes the new PE rules where there was previously uncertainty about the application date.
In this issue: The Government has released a discussion document on GST and low-value imported goods. The discussion document outlines the details of the Government’s proposed offshore supplier registration (OSR) system.
In this issue: New tax legislation enacted, the Tax Working Group is seeking comments on the future of the tax system, ring-fencing rental losses: officials' issues paper
In our March 2018 edition, we update you on the latest GST developments including: - Low value goods and GST - What could be in store for New Zealand? - When do you have a "taxable activity"? - What we are seeing with property transactions
In this issue: Government introduces BEPS tax bill - Significant changes fast becoming reality
In this issue: What the election results mean from a tax perspective
In this special edition of Tax Tips, we provide a summary of the key focus areas from a tax perspective and the proposed steps to address these. We expect the new Government to focus on social reform, housing issues, and the commencement of a tax system review by way of a Tax Working Group.
In this special edition of Tax Tips, we provide an update on the Government’s recently-released policy decisions on new BEPS-related measures. We also highlight several key aspects of the Multilateral Instrument recently signed by the Government along with 75 other countries.
Geof Nightingale
Partner, PwC New Zealand
Tel: +64 9 355 8853
Email
David Lamb
Partner, PwC New Zealand
Tel: +64 9 355 8419
Email
