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Trust Management & Wealth Planning |
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| Latest News Blog Entry - Penny & Hooper - IRD speaks. You'd better listen. IRD has issued their views on what level of profits in a service business should be allocated and taxed in the hands of the owner, in light of last week's Supreme Court decision in the Penny & Hooper case. There are potentially a huge number of businesses that IRD might investigate to determine whether tax avoidance has occurred. More Blog Entry - Penny & Hooper v IRD - The Final Result I have just received a copy of the Supreme Court judgement on the Penny & Hooper case. This case is an important one for anybody that makes a living from selling their personal skills & expertise. Around 2000, there would have been a number of people who switched from sole-trader status to working via a company structure. More |
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