Institute of Chartered Accountants - Latest News [Page 5]
Radical reforms supported
Wednesday, 30 September 2009, 5:37 pm | Institute of Chartered Accountants
The New Zealand Institute of Chartered Accountants (NZICA) has thrown the weight of its 32,000 members behind proposals for a wave of reforms to New Zealand’s financial reporting system. “Improvements to New Zealand’s financial reporting framework ... More >>
NZ first to adopt international auditing standards
Thursday, 24 September 2009, 10:03 am | Institute of Chartered Accountants
From 1 October New Zealand becomes the first country to apply the full suite of new international standards for auditing. For audits of financial statements covering periods beginning on or after 1 October 2009, auditors complying with New Zealand ... More >>
NZICA cautions over calls for property taxes
Monday, 14 September 2009, 1:19 pm | Institute of Chartered Accountants
“A capital gains tax is not the magic bullet for economic stability,” says NZICA’s tax director, Craig Macalister, in response to the Reserve Bank’s call to consider a tax on property speculation or to alter the way rental properties are taxed. Mr ... More >>
New Zealand No.1 in world for corporate ethics
Monday, 14 September 2009, 12:44 pm | Institute of Chartered Accountants
New Zealand has ranked number one in the world for auditing, corporate ethics and shareholder protection in a Global Competitiveness Report, released last week by the World Economic Forum. In the survey of 113 indicators of competitiveness, New ... More >>
Govt must maintain business-friendly environment
Thursday, 10 September 2009, 12:36 pm | Institute of Chartered Accountants
“The Government must ensure New Zealand continues its reputation as a good place to do business”, says Steven Bailey, the New Zealand Institute of Chartered Accountants’ Director, Government Relations. For the fourth year in a row, New Zealand has been ... More >>
Accounting Sector Optimistic of Economic Recovery
Thursday, 20 August 2009, 10:19 am | Institute of Chartered Accountants
The New Zealand Institute of Chartered Accountants revealed today that accounting professionals throughout the country are optimistic about an economic recovery in the coming months, despite continuing to experience pressures on income and expenditure. More >>
Chartered accountants scoop rare free trade deal
Friday, 17 July 2009, 12:39 pm | Institute of Chartered Accountants
New Zealand has become just the fourth country in the world whose chartered accountants are recognised as on a par with their influential US counterparts. The New Zealand Institute of Chartered Accountants (NZICA) and its American equivalents have taken ... More >>
GST decision avoids carbon-fuelled headaches
Monday, 29 September 2008, 1:48 pm | Institute of Chartered Accountants
“The Government should be thanked for its pragmatic and timely solution to the GST treatment of emissions units,” said the Tax Director of the Institute of Chartered Accountants, Craig Macalister, today. More >>
Significant inequities remain in our tax system
Friday, 23 May 2008, 10:17 am | Institute of Chartered Accountants
Some classes of taxpayer may be rejoicing the tax cuts announced by the Finance Minister today, but the differential between the company and top personal tax rate, and a raft of changes made to prop up the 39% rate, have left our tax system littered ... More >>
Regulatory Bill opportunity to make a difference
Wednesday, 7 May 2008, 3:58 pm | Institute of Chartered Accountants
Ensuring that laws and regulations are necessary, cost-effective and in the public interest is a goal worth working for, according to the Institute of Chartered Accountants' director government relations, Steven Bailey. More >>
Redundancy Tax Changes Miss The Real Issue
Tuesday, 11 December 2007, 12:25 am | Institute of Chartered Accountants
The Government's moves to introduce special provisions for taxation of redundancy payments does nothing to fix the more fundamental problem of New Zealand's marginal tax rate structure, according to the New Zealand Institute of Chartered Accountants. More >>
ICA: Dump the Electoral Finance Bill
Monday, 19 November 2007, 3:07 pm | Institute of Chartered Accountants
The Institute of Chartered Accountants is joining the Law Society and others in calling for the Electoral Finance Bill to be dumped. More >>
People in Business
Friday, 2 November 2007, 4:50 pm | Institute of Chartered Accountants
At their AGM in Auckland last week the Institute of Chartered Accountants announced their office-bearers for 2008. Graham Crombie of Dunedin has been elected President. Graham is a Partner in the Dunedin-based Chartered More >>
Chartered Accountants welcome new business.govt.nz
Wednesday, 15 August 2007, 10:55 am | Institute of Chartered Accountants
The New Zealand Institute of Chartered Accountants is welcoming the new business.govt.nz portal. Institute chief executive Garry Muriwai says, “The new portal is a great resource for people looking to start a business, or for business people wanting a ... More >>
Accountants welcome discount rate discussion
Monday, 13 August 2007, 1:11 pm | Institute of Chartered Accountants
The Institute of Chartered Accountants is welcoming news the Ministry of Economic Development is investigating the effect of the public sector discount rate on government investment decisions. The discount rate is a calculation applied to determine the ... More >>
Marginal rates the issue, not redundancy tax
Thursday, 5 July 2007, 12:45 am | Institute of Chartered Accountants
The Government's moves to introduce special provisions for taxation of redundancy payments reflect the problems of New Zealand's marginal tax rate structure, according to the New Zealand Institute of Chartered Accountants. More >>
Redundancy tax – marginal tax rate the problem
Wednesday, 23 May 2007, 2:31 pm | Institute of Chartered Accountants
The Government is considering cutting the tax on redundancy packages. Under the current rule, workers are taxed at the marginal personal tax rate. The EPMU has been lobbying the Government on the issue has called for the rules to change. More >>
New Commissioner has tough job ahead
Tuesday, 1 May 2007, 2:16 pm | Institute of Chartered Accountants
The Institute of Chartered Accountants welcomes Bob Russell to his new role of Commissioner of Inland Revenue. More >>
OECD right - tax system needs strategic direction
Tuesday, 24 April 2007, 10:56 am | Institute of Chartered Accountants
The New Zealand Institute of Chartered Accountants endorses OECD findings saying New Zealand's tax system needs a clearer strategic direction. More >>
Relaxed tax penalties announcement welcomed
Wednesday, 7 March 2007, 3:33 pm | Institute of Chartered Accountants
The Institute of Chartered Accountants has welcomed Revenue Minister Peter Dunne's announcement today that some of the inequities of the current tax penalty rules are to be addressed. More >>