The Government today released the draft legislation outlining the details of the policy limiting interest deductions on residential property investments. These new rules have been designed to cool investor demand for existing houses in the NZ property market and to help boost supply by directing investment into new builds. These changes have not been welcomed [Read more..]
About Vanessa LeighsI am a chartered accountant and business advisor with experience spanning multiple industries including technology, entertainment and financial services. I also have a passion for music and play the violin on a casual basis with Orchestra Wellington.
“What is the worst kind of feedback you have ever received? And what exactly made it so bad?” This was a question that was asked at a workshop I attended recently. The room went quiet after being confronted with this question, but the mood quickly turned to deep reflection. People slowly started sharing [Read more..]
In response to criticism from industry groups that the R&D tax credit scheme was too narrow, updated guidance was published by Inland Revenue in March 2021.This new guidance has an expanded eligibility summary and as a result more companies will be able to benefit from the tax credit. The key criteria changes have been [Read more..]
You can easily reduce the amount of bookkeeping for a small business by using Xero add ons - simplify your expense and mileage claims with Xero expenses! https://youtu.be/DlvbbeiRKLc
New obligations under the Privacy Act 2020 bring some challenges but here at 5th Consulting we see these as an opportunity to build trust with the people who work with us. We attended the Privacy Forum 2021 and would like to share with you some key takeaways from Privacy Commissioner John Edwards’ presentation. Here [Read more..]