Category: News
-
NZ FBT calculation changes for 31 March
Inland Revenue has updated how FBT calculations work to accommodate new tax bands and enhance accuracy, with changes impacting 31 March 2025 and 31 March 2026 returns.
-
Upcoming changes to Inland Revenue correspondence
Starting March 2025, Inland Revenue will update correspondence titles for clarity, requiring workflow adjustments for self-built myIR automations.
-
Industry veteran Mike Behling joins TaxLab Australia
TaxLab appoints Mike Behling as Senior Product Manager to enhance tax compliance software for Australian firms, leveraging his extensive experience.
-
FBT rates soar in 2022
FBT rates increased significantly on April 1, 2021, with the single rate rising to 63.93%. Employers should utilise attribution calculations to minimise their FBT costs for the 2021-2022 tax year.