Press Release – CAANZ Increased provisional tax thresholds, immediate low-value asset write offs and allowing the deferral of tax payments and use of money interest (UOMI) write offs were the most popular tax measures introduced by the Government to help businesses survive …
Increased provisional tax thresholds, immediate low-value asset write offs and allowing the deferral of tax payments and use of money interest (UOMI) write offs were the most popular tax measures introduced by the Government to help businesses survive COVID-19.
A survey of Chartered Accountants and Tax Management NZ clients held late last year has provided the first deep dive into which COVID-19 tax measures worked, and which didn’t.