Industry News

What are Trustees expected to do? Trustees are expected to know the terms of the Trust and act accordingly, act in good faith and for the benefit of the beneficiaries and exercise their powers for a proper purpose.  Unless specified in the Trust Deed, the Act...

From the 1 April 2022 trusts are required to provide more information on their annual returns for 2022 tax year onwards.   These changes apply to all NZ domestic trusts that derives assessable income more than $200 in a year.   If your trust is non-active, for...

In case you have been hiding under a rock for the past few months, there has been significant amount of talk and change as the Government attempts to cool the overheating residential properties market.   As far as the tax world goes, this has all happened...

Borrie Financial Group Limited have compiled this little Tax Tip Sheet around some topical issues  to get you started.   This is by no means exhaustive,  advice is of a generalised nature and not  intended to substitute specific advice around your own unique circumstances. Before undertaking a...