Posted - Winter 2016

We've included a small summary piece on the Budget ... though there's not much to be excited or concerned about ...

... but we do like the changes to the charging of Use of Money Interest on underpaid first and second provisional tax payments (happening from 1 April 2017), and the removal of tax penalties on unpaid income tax and GST, also happening from 1 April 2017. We've always thought charging Use of Money Interest to be unfair, so this is a great outcome!

There is also a host of other proposed tax changes and tax reminders for you to digest.