Business asset sales Rules Tightened The guidelines for how business resources are esteemed, when they are sold as a pack, is being fixed. These new Purchase Price Allocation (PPA) rules, which came into force on 1 July, apply to the offer of resources like business property, ranger service land or a business. Business resource deals

Inland Revenue Systems re-open after final Major Upgrade Inland Revenue’s secure web-based assistance myIR has re-opened, alongside its telephone lines and a few workplaces, after the last phase of Inland Revenue’s multi-million-dollar program to update and improve on the duty framework. Inland Revenue shut last Thursday evening and resumed as arranged toward the beginning of

September 2021 GST Late Payment Penalties incorrectly calculating We knew about an issue where clients had been charged an erroneous late installment punishment when making an installment daily late, for their GST that is as a rule due on 28 October 2021. In October, the due date of the GST and temporary expense installments that