A former economist at one of New Zealand’s largest banks has a warning for someone considering the Small Business Cashflow Loan Scheme: It could limit your future borrowing capacity. That’s because banks may decline lending to anyone who has this type of debt on their books, as IRD may have first collection rights as a…
read moreThe increase in New Zealand’s net debt to GDP ratio over the next four years is not the bogeyman some are making it out to be, nor will the Government necessarily have to increase taxes to pay off what they are borrowing. That’s according to one of New Zealand’s leading and respected economists, Tony Alexander,…
read moreWe are excited to announce that the TMNZ Roadshow is again being held across New Zealand!
read moreThe second round of TMNZ’s roadshows concluded in Hamilton yesterday. We would thank those who attended the event at FMG Stadium Waikato, as well as the ones in Wellington (17 October), Christchurch (6 October) and Auckland (5 October). It was lovely to see so many of our existing clients and meet other attendees for the…
read moreTax Management NZ (TMNZ) last week held the last of its roadshows for the year in Christchurch. Around 80 accountants and corporate clients were in attendance at Tait Communications, where they were treated to an informative update on the economy by Westpac Senior Economist Michael Gordon as well as Inland Revenue’s compliance focus and business…
read moreThe New Zealand economy may be past the peak of growth for this cycle, but it is still growing. That is what Shamubeel Eaqub (pictured left) told accountants who attended Tax Management NZ’s Hamilton roadshow at Waikato Stadium during his economic update. He said the slowing of the Canterbury construction boom and potential for drought…
read moreA great time was had by accountants, both from public practice and commercial roles, at the Tax Management NZ (TMNZ) roadshow at Wellington’s St James Theatre. BNZ Head of Research Stephen Toplis and Inland Revenue Investigations and Advice Manager Tony Morris provided attendees with an update on the economy and IR’s compliance focus and business…
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