Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

Growth companies
Netflix tax: Has Aardvark got GST all wrong?

Netflix tax: Has Aardvark got GST all wrong?

Long running daily Aardvark questions whether Adobe has misunderstood NZ's new Netflix tax in this article: http://aardvark.co.nz/daily/2016/0902.shtml#continue The author says: "It would appear however, that Adobe seem to think that they ought not be charging GST if...

Director personally liable

Director personally liable

The High Court recently found a company director liable for over $160,000 of tax and interest owed by the company to the IRD. The company, a builder of residential houses, racked up nearly $200,000 of unpaid tax, interest and penalties over 3 1/2 years. Eventually...

Tax sting in Auckland’s Unitary Plan

Tax sting in Auckland’s Unitary Plan

There's a potential tax trap for unwary investors in Auckland's proposed Unitary Plan. It's called section CB 14 of the Income Tax Act. A capital gain from the sale of land is taxed if 20% or more of the gain is the result of the likelihood of a change to the rules of...

Buying or selling a piece of Australia?

Buying or selling a piece of Australia?

From today anyone buying or selling direct (and some indirect) interests in Australian real estate has new tax obligations. The Australian Government has imposed a 10% withholding tax on all purchases of real estate in Australia over AUD2m unless the vendor provides...

Budget 2016

Budget 2016

What will the Budget 2016 mean for small and medium sized businesses? A significant investment in transforming how IRD works will be better for everyone in the long run. An efficient and easier tax collection system is desirable but SME's won't be waking up this...

Fat Taxes

Fat Taxes

Sugar taxes are back in the news with the UK Budget announcement to introduce one: http://www.theguardian.com/uk-news/2016/mar/16/budget-2016-george-osborne-sugar-tax-growth-forecast-falls There is evidence they work but they need to be significant to have any real...

Keeping the customer first?

Keeping the customer first?

ey.com/customergrowth    Linda Hasenfratz, Linamar Corporation CEO tells how. Leading companies who focus on fixing customers issues create a compelling competitive model. #acceleratinggrowth @EY_Growth