The Inland Revenue has recently issued a Revenue Alert on the much publicised CIR v Penny and Hooper decision (Revenue Alert RA 10/01). The Revenue Alert provides the IRD’s interpretation of the case and gives an indication of how the IRD will apply the decision to other taxpayers.

The Emissions Trading Scheme (ETS) comes into force on 1 July 2010. Are you ready for it and do you understand how it will affect you?

The 2010 budget marked some significant tax changes which are expected to impact SMEs both financially and operationally. Although the tax cuts are the highlight for most (and in our opinion a great thing for business), the underlying objective of the current government is to drive an increase in productivity and a more competitive economy

SMEs and householders can make choices and take action to lessen the impact of increased electricity and fuel costs caused by the Emissions Trading Scheme.