Articles tagged NZICA

Inland Revenue has proposed new minimum standards for financial reporting of small and medium companies, admitting that they would only reduce compliance costs for medium sized companies.

Revenue Minister Todd McClay has outlined the Government's tax policy work programme for 2014, including a review of GST for online purchases, more measures to stop 'base erosion' by multi-nationals and more details on the Inland Revenue Department 's massive 'Business Transformation Programme' to replace its ageing FIRST computer system. He also foreshadowed a major tax administration conference next year.