Check out the latest EPA Business newsletter.
There are plenty of tax changes to take on board including:
- GST refunds - it is now compulsory for Inland Revenue to provide GST refunds by direct credit.
- Provisional tax - BIG news from 1 April 2017 regarding use of money interest.
- Fringe benefit tax on motor vehicles - a good change which allows companies to now calculate the private use of motor vehicles.
- Home office - another great change providing an alternative way to calculate home office deductions.