Monthly Archives: March 2013

Please Let It Rain!

This time last year I wrote about the beneficial impact to the New Zealand economy of the wet summer as city folk complained about the lack of sunshine during January and February 2012. Twelve months on and the tables have turned.  Sun worshippers and beach goers have had their wishes come true this year with

2013-03-18T11:48:54+00:00 March 18th, 2013|General|

Rezoned Land Tax

I read with great interest a New Zealand Herald Article by Brian Rudman published on 25 February 2013 entitled ‘Rezoning profits may go back to the community’. According to his article, Auckland Council is undertaking a financial assessment of proposals on how to benefit from the increase in property values arising from rezoning.  He mentions

2013-03-18T11:44:31+00:00 March 18th, 2013|Accounting and Taxation|

Tax Avoidance and Voluntary Disclosure

Tax Avoidance - voluntary disclosure deadline looms Inland Revenue has announced that taxpayers who may have reduced their income tax obligations through an income diversion arrangement have until 31 March 2013 to take advantage of Inland Revenue’s concession to make a voluntary disclosure. Inland Revenue’s Group Tax Counsel, Graham Tubb, has said that “If people

2013-03-18T11:40:33+00:00 March 18th, 2013|Accounting and Taxation|

UHY Client Pitching for the Black Sox

Pitching for the Black Sox The Men’s World Softball Championships were held in Albany from 1 March – 10 March 2013. UHY Haines Norton client Heinie Shannon was one of the pitchers for the victorious Black Sox – Heinie made the headlines when he helped pitch the Black Sox to victory over Argentina despite being

2013-03-18T11:39:15+00:00 March 18th, 2013|Client Success Stories|

UHY Haines Client Wins Supreme Award

Building Success Congratulations to Phil and Gail Leach of PSL Construction, winners of the Placemakers Supreme Award in the 2012 NZ House of the Year. Their award winning house was a three bedroom cliff top house in Remuera which also won the New Homes over $2million category and the GIB Living Award. PSL Construction has

2013-03-18T11:38:46+00:00 March 18th, 2013|Client Success Stories|

Do you own a Residential Rental Property?

Depreciation: While depreciation for rental properties ceased from 1 April 2011 depreciation can still be claimed for some chattels including carpet, fencing, curtains, blinds and stoves. The general rule is that if the asset is separate from the house depreciation can be claimed. Special Tax Code Available for Rental Losses:  Salary and wage earners who

2013-03-18T11:25:07+00:00 March 18th, 2013|Accounting and Taxation|

Taxing Matters – Kiwisaver, Student Loans, Child Tax Credit and Tax Filing Dates

Significant Tax Changes from 1 April 2013 Three important tax changes take effect from 1 April 2013: KiwiSaver Contribution Increase From 1 April 2013 KiwiSaver employer contributions increase by 1% from 2% to 3%. The 2% employee contribution rate will also increase to 3%, employees contributing at the 4% or 8% rate will not be

2013-03-18T11:21:56+00:00 March 18th, 2013|Accounting and Taxation, Taxing Matters|

Staff News – March 2013

The Road to the United Nations UHY Haines Norton Managing Director Grant Brownlee and wife Gail were proud parents when daughter Victoria attended the Top Scholars’ Awards Ceremony hosted by the Governor-General, Lieutenant General, Sir Jerry Mateparae at Government House in Auckland during February 2013. Despite Grant and Gail both being Chartered Accountants they haven’t

2013-03-18T11:01:17+00:00 March 18th, 2013|The UHY Team|