Crowe Horwath - Latest News [Page 1]

Tax Working Group more than just Capital Gains Tax

Tuesday, 18 December 2018, 1:57 pm | Crowe Horwath

With the Tax Working Group (TWG) releasing their interim report, there were three key issues arising from it that Tony Marshall, tax advisory partner for Crowe Horwath, believes will have a wide-reaching impact on farming in New Zealand for decades to ... More >>

Crisis in the New Zealand Racing industry

Friday, 12 October 2018, 2:43 pm | Crowe Horwath

Winston Peters, Deputy Prime Minister and Minister of Racing, recently presented the Messara Report, to the New Zealand Racing Industry(NZRB). The report made 17 recommendations. Many of these recommendations are not new. But the failure to implement ... More >>

Understanding obligations and opportunities with the ETS

Thursday, 4 October 2018, 10:02 am | Crowe Horwath

Following the conclusion of the Zero Carbon Bill consultation process, it has become clear that the local agriculture sector is likely to be included in the Emissions Trading Scheme (ETS). While there is still debate on which of the three proposed ... More >>

Foreign investment rules could have unintended consequences

Thursday, 19 July 2018, 3:13 pm | Crowe Horwath

Proposed restrictions to foreign investment could have unintended negative consequences. While the new proposed Government restrictions and legislative changes on foreign investment are aimed at reducing the amount of foreign investment for New Zealand’s ... More >>

Farmers need to take the lead in protecting their stock

Tuesday, 22 May 2018, 12:57 pm | Crowe Horwath

With Gypsy Day around the corner, stock and equipment will be moving between properties, so farmers need to ensure they take the right precautions to lower their risk of cross contamination. “The outbreak of Mycoplasma bovis (M.bovis) means farmers ... More >>

Govt's support a cornerstone for NZ racing industry success

Friday, 2 February 2018, 1:05 pm | Crowe Horwath

Government’s support a cornerstone for New Zealand racing industry’s success Winston Peters, Deputy Prime Minister and Minister of Racing, recently confirmed his support for the thoroughbred industry with the announcement that the government ... More >>

Capital gains tax may be on the horizon

Monday, 18 December 2017, 2:15 pm | Crowe Horwath

Capital gains tax may be on the horizon with the new government With the new government reversing National’s tax cuts in April 2018, the government has now announced the items that are on the tax agenda, and have also signalled other potential changes. ... More >>

Family farm trusts at risk

Tuesday, 17 October 2017, 5:20 pm | Crowe Horwath

Family farm trusts at risk Agri family businesses that have a trust structure need to make sure they’re not burnt by the changes in legislation that governs trusts. Crowe Horwath Business Advisory Partner Denis Hames says neglecting your family trust ... More >>

Bridge the rural/urban divide with clear communication

Friday, 22 September 2017, 3:52 pm | Crowe Horwath

Call to bridge the rural/urban divide with clear communication The farming community needs to step up to help lessen the rift between city and country, according to Hayden Dillon, Managing Partner and Agri Specialist at Crowe Horwath. Hayden Dillon believes ... More >>

Significant changes to provisional tax already in effect

Friday, 18 August 2017, 1:42 pm | Crowe Horwath

Significant changes to provisional tax already in effect for farmers With the Inland Revenue Department (IRD) unveiling the new provisional tax rules that took effect at the start of this financial year, farmers should be satisfied with sensible adjustments ... More >>

Employment agreements crucial this Gypsy Day

Friday, 26 May 2017, 11:47 am | Crowe Horwath

“In an industry renowned for seasonal averaging, it is important dairy farmers focus on ensuring all current and new employees have the correct employment agreements, especially with the introduction of new employment laws in April,” says Melissa ... More >>

Farmers to see changes to farmhouse deductibility

Friday, 31 March 2017, 12:45 pm | Crowe Horwath

With farmers spending an increasing amount of time in the office, or at the kitchen table as the case is for many farmers across New Zealand, the changes to the deductibility of farmhouse expenses may come as a surprise. “With changes impacting farmers for ... More >>

Crowe Horwath Nelson appoints new Associate Principal

Friday, 24 February 2017, 11:15 am | Crowe Horwath

The Nelson Tasman region’s largest business advisory and accountancy firm Crowe Horwath has appointed Justine Kennard to Associate Principal. Justine was promoted from the role of Senior Client Manager. More >>

Rural professionals need to cut through the noise

Friday, 17 February 2017, 1:04 pm | Crowe Horwath

As agricultural debt passes $60 billion set against the backdrop of continued market volatility and regulatory pressure, successfully managing a farming business in New Zealand has never been more challenging according to Crowe Horwath’s Head of Agribusiness ... More >>

Volatility in dairy presents tax opportunity

Friday, 3 February 2017, 11:55 am | Crowe Horwath

With the release of the 2017 National Standard Cost (NSC) values for livestock, advisory firm Crowe Horwath says ongoing volatility in the dairy cattle market presents both opportunity and risk in the tax structures for New Zealand’s farmers. Tony ... More >>

Is the IRD playing Grinch by taxing Christmas cheer?

Friday, 16 December 2016, 10:30 am | Crowe Horwath

There is no such thing as an easy year in farming and after 12 months of fighting fluctuating commodity prices, legislative curve balls and more often than not the weather, agribusiness owners and workers alike have well and truly earned a pat on ... More >>

New Zealand Bloodstock – a victim of its own success

Friday, 25 November 2016, 3:14 pm | Crowe Horwath

The record turnout for last week’s New Zealand Bloodstock’s (NZB) Ready to Run Sale at Karaka shows our bloodstock industry is still punching well above its weight says Crowe Horwath’s bloodstock specialist Hayden Dillon. As interest from Australian ... More >>

Farmers need to be vigilant around fixed rate mortgages

Thursday, 27 October 2016, 4:31 pm | Crowe Horwath

27/10/2016 Farmers need to be vigilant around fixed rate mortgages Market commentators are indicating with 80% certainty the Reserve Bank of New Zealand will lower the official cash rate by 25 basis points next month and then it will begin to stabilise. ... More >>

Auditing Stock – A crucial component

Monday, 3 October 2016, 9:58 am | Crowe Horwath

The recent theft of 500 dairy cows has been another harsh wake up call for the industry as farmers consider if they are taking the right precautions in protecting their second largest asset. Michael Lee, an agribusiness audit specialist at Crowe Horwath, ... More >>

Growth continuing for horticulture as cherry sector booms

Tuesday, 30 August 2016, 12:37 pm | Crowe Horwath

New Zealand’s traditional horticulture industry is set to maintain its success as the buoyant sector continues to grow exports. Alistair King, Crowe Horwath’s horticulture specialist says, ‘The numbers are stacking up to support this and ... More >>