Update on Depreciation of Buildings

In our February-March 2011 newsletter, we looked into the changes to the depreciation regime brought about in the May 2010 Budget introducing the zero per cent depreciation rate for buildings. We also highlighted some of the discrepancies that were created by the hasty legislation. This article expands on that as well as looks into the depreciation…

How Much to Charge

One of the most difficult decisions to make as a business owner is how much to charge for your products. There is often a reluctance to review pricing because of the fear of upsetting existing customers or due to a lack of time. However, there are a number of actions you can take to make…

Working for Families Tax Credits

Taxpayers may/may not be aware that a further nine categories of “income” are included in addition to a person’s taxable income in order to calculate the Working for Families Tax Credits (WFF) from the 2012 income year. These are: Attributable trustee income; Attributable fringe benefits; PIE income; Passive income of children; Income of non-resident spouse;…