Industry Advice on Finance, Business & Tax for the New Zealand Market

Inland Revenue’s 2024 compliance focus signals a sharper, data-driven enforcement approach for multinationals—emphasising tax governance, transfer pricing, and preparedness for global tax reforms.

Inland Revenue's latest draft guidance on the Business Continuity Test (BCT) brings a fresh perspective on how companies can carry forward tax losses under new rules. Here's what you need to know.

It is Q2 FBT time and as we mark over 40 years since the establishment of FBT, it’s clear that the workforce has evolved significantly, particularly with the rise of remote work and changes in vehicle usage. Yet, the FBT rules have largely remained static.

Andersen joined an incredible afternoon at the North Harbour Club’s - Lexus of North Shore Charity Lunch on Thursday 19 September.

Navigating cryptocurrency taxation in New Zealand can be complex, as no overly specific regulations are tailored for cryptocurrencies. Consequently, cryptocurrency transactions are subject to the general principles outlined in the various taxing statutes.

Andersen is delighted to announce the promotion of Niketa Naran and Ellie Williams to Associate Directors, as it continues to build towards its ambition to deliver world-class, full-service consulting services for privately owned NZ businesses.

Proudly standing alongside the club as supporters and sponsors from its inception, we share Andersen's role in supporting North Harbour's young talent.

Designed to support Kiwi businesses create future leaders

The Government’s Budget Day announcement took many by surprise with an increase of the trustee tax rate to 39%, paralleling the top individual marginal income tax rate effective from April 2024.