Voice of Findex

45. Individuals & SMEs | NZ controversial property tax changes

After much anticipation, proposed legislation has been released on the controversial property tax changes which were first announced on March 23 2021 in New Zealand. Join our expert panel led by Tax Advisory Partners Daniel Gibbons and Ryan Watt as they discuss the practical implications of: - How the interest deductibility rules will apply in practice. - What properties will be affected by the loss of interest deduction and when. - What exemptions will apply, including what is a “new build”. - How the new 5-year brightline test will apply. - How the brightline roll-over rules can apply. - Options that property investors have given the changes. For more information please visit the Findex New Zealand website: www.findex.co.nz [http://www.findex.co.nz]

44. Individuals | Controversial property tax changes - interest deductibility and new build update

Following on from March 23 property tax changes in New Zealand, the IRD has recently released their consultation documentation on how the design of the interest deductibility limitation rule might apply and some proposed changes to the bright-line rules. This session is hosted by Tax Advisory Partners, Daniel Gibbons and Ryan Watt. What will be covered: Interest Deductibility: - An overview of how the limitation on interest deductibility is proposed to apply - Outline who would be subject to the limitation, including what kind of properties and entities - How the “developer” and “new build” exemption would apply - Calculation considerations for what interest would be affected - How interposed entities would be treated Bright-line Test: - How the bright-line test would apply to “new builds” - How the main home exemption would apply to new builds - Outline how the roll-over exemption for certain related party transfers might apply if implemented For more information please visit the Findex New Zealand website: www.findex.co.nz [http://www.findex.co.nz]

43. SMEs | New Zealand Rural Xcelerate

In this episode, Findex Accounting & Business Advisory Partner, Colin Tasker, will take us through the Emissions Trading Scheme and financial and tax impacts in New Zealand. Colin is joined by Madeline Hall, Environmental Policy Analyst from Beef + Lamb New Zealand who will be presenting on the current environmental policy context that the Emissions Trading Scheme sits within. For more information please visit the Findex New Zealand website: www.findex.co.nz [http://www.findex.co.nz]

42. NZ Trust Law | The Final Countdown

The new Trust legislation came into effect in New Zealand in January 2021. This signalled the first major change in Trust Law since 1956. The new act lifts the expectations on trustees. It also puts the emphasis on the role and responsibility to look after the interests of the beneficiaries. With deadlines for action, this is an important update for all trustees. This session is hosted by Paul Moodie, Senior Partner in Performance Consulting, and Daniel Gibbons, Partner in Tax Advisory. What will be covered: - What hasn't changed: mandatory duties, timelines, and responsibility to contact beneficiaries - What has changed: COVID, Brightline, interest deductibility and top marginal tax rates - What have we learned: focus on self interest, investment responsibilities, Anti-Bartlett, diversification, investment strategy and tax issues For more information please visit the Findex New Zealand website: www.findex.co.nz [http://www.findex.co.nz]

41. Financial Reporting Update | Not For Profit

With June 30 and financial reporting season fast approaching, some careful consideration and planning is required. Join our Crowe team for this session where we share our insights on current and future financial reporting and areas of risk specifically as it relates to 'not for profit' entities: - The new and revised accounting standards, interpretations and implementation challenges and opportunities - The regulator focus areas for 2021 reporting - Current cyber threats - Common fraud risks For more information please visit the Crowe Australasia website: https://www.crowe.com/au [https://www.crowe.com/au]