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NZ COVID-19 alert level 4

COVID-19 alert level 4 NZ lockdown

What COVID-19 alert level 4 means for Alliotts and our clients

From midnight Wednesday 25 March 2020, New Zealand goes into full lockdown.

Level 4 means people are instructed to stay at home, schools and universities closed, as well as non-essential businesses, major reprioritisation of health services, and severely limited travel.

From 24 March 2020, the Alliotts team will be operating from home offices but we will still be operating and available to assist with all your accounting, tax and business needs.

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coronavirus COVID-19

NZ Coronavirus Tax Alert

Tax reform measures included as part of Business Continuity Package

The New Zealand Government has announced a $12.1 billion business continuity package aimed at assisting businesses through the COVID-19 situation. The largest element of the package is the delivery of $5.1billion in wage subsidies to businesses and the delivery of support for workers needing to self-isolate, delivered through the Ministry of Social Development.

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partnership handshake

New Zealand-Singapore enhanced partnership

Singapore and New Zealand begin New Decade with Enhanced Partnership

Confirming that there is still an appetite for free trade agreements in the wider Indo-Pacific region, the New Zealand-Singapore Enhanced Partnership entered into force on 1 January 2020.

The Enhanced Partnership agreement builds upon and extends the original NZ-Singapore Closer Economic Partnership (CEP), which was signed in 2000 and entered into force in 2001. The CEP was New Zealand’s second free trade agreement (after the 1983 Closer Economic Relations Agreement signed with Australia) and the first of its kind concluded by Singapore.

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Alliott NZ Ltd Chartered Accountants & Business Advisers

3-year run for Alliott NZ in Top 30 NZ accountants

New Zealand’s top accounting firms announced for 2019

Thirty accounting firms have been announced as New Zealand’s top performers. They were publicised by a collaboration between Chartered Accountants Australia and New Zealand and Sunday Star-Times / Stuff.

The Top 30 list includes regional to suburban and right up to Big 4 accounting firms throughout New Zealand. The survey also recognises firms at the forefront of the industry in a variety of areas including pro bono work, gender diversity and innovation.

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Alliott NZ joins colleagues at 2019 worldwide conference

Alliott NZ joins colleagues at 2019 worldwide conference

Alliott Group 2019 Worldwide Conference

Alliott NZ joins international colleagues from 38 countries at Alliott Group’s worldwide conference in Madrid.

Alliotts’ Greg Millar and Vanessa Williams were among the 138 delegates from 78 independent accounting and law firms in 38 countries who were in attendance in Madrid for the 2019 Worldwide Conference of Alliott Group, the firm’s international alliance.

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Budget 2016 transforming NZ’s tax system

NZ moving on from cheques

Cheque usage continues to decline every year

Last year cheques only accounted for 5% of payments to Inland Revenue and some people who used cheques also used other payment methods.

From 1 March 2020, Inland Revenue will no longer be accepting cheques if customers have an alternative payment option available. This includes post-dated cheques (cheques dated after 1 March 2020).

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Alliott Group call out to Brisbane accounting firms

Alliott NZ is a proud member of Alliott Group, a worldwide alliance of independent accounting, law and consulting firms

Celebrating its 40th year in business, Alliott Group aims to become a Top 10 Global Alliance by the end of 2021.

A dynamic and ambitious approach spearheaded by a new Executive Office team has resulted in 2019 being one of their most successful recruitment years, with 13 firms joining in the last eight months.

The alliance is actively seeking accounting and law firm members in the APAC region but particularly an accounting member in Brisbane, Australia, following the merger of long-standing previous member Hanrick Curran into the Mazars partnership earlier this year.

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auckland harbour

NZ GST on low-value imported goods

New GST rules for low-value imported goods

From 1 December 2019 overseas businesses selling low-value goods to consumers in New Zealand must charge GST at the point of sale if they meet the GST registration requirements, including a NZ$60,000 turnover threshold.

Low-value goods are physical goods valued at NZ$1,000 or less (excluding GST), such as books, clothing, cosmetics, shoes, sporting equipment and electronic items. Goods sold for more than NZ$1,000 will continue to be taxed by Customs at the border as they come into New Zealand.

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NZ Privacy Bill update

Privacy Commissioner John Edwards welcomed the Justice Select Committee’s report on the Privacy Bill.

“The Committee has listened to submitters and the reported back Bill contains measures to ensure the law addresses some of the most pressing aspects of the modern digital economy.

The law will now explicitly set out when agencies that collect, process and use New Zealanders’ personal information will have to comply with New Zealand law – regardless of whether these agencies have a brick-and-mortar presence on our islands.

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