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Daily Archives: 28 November 2019

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Paying resident withholding tax 

TaxBy BDS Hughes28 November 2019Leave a comment

Resident withholding tax (RWT) is the tax deducted on interest paid to New Zealand tax residents on their deposit accounts. Your bank, fund manager, or a custodian deducts RWT from your interest or dividend amount before they pay you. The amount of RWT you have to pay varies for each person depending on your tax…

What to include in a business partnership agreement 

BusinessBy BDS Hughes28 November 2019Leave a comment

Entering into a business partnership can come with conflicts and misunderstandings between you and your new associate. This is why having a written agreement that clearly outlines your rights and responsibilities is important for maintaining a healthy business relationship between partners. Here are some key areas to include in your partnership agreement: Name of partnership:…

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