Changing the Name of an Incorporated Society – What You Need to Know

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As you may know, all incorporated societies in New Zealand must re-register under the new Incorporated Societies Act 2022 (the “new Act”). For more information about this, we have written an article about it here. The new Act mandates…

Employment

The new Incorporated Societies Act 2022 and your constitution: Requirements for general meetings

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Introduction The Incorporated Societies Act 2022 (the “new Act”) recently received Royal Assent, resulting in significant changes for the 24,000 incorporated societies in New Zealand. The new Act replaces the Incorporated Societies Act…

Testimonials

Making Sure Your Trust Is Not A Sham

"Many trustees are unknowingly sitting on a time bomb as a result of the failure of advisors forming trusts to provide practical guidance on trust law, the running of trusts, or the duties of trustees. This has resulted in many trusts being…

GST Transitional Rules and Land Transactions

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The rate of GST is changing on 1 October 2010 to 15%. Get this wrong and it could cost you dearly, especially if you are purchasing or leasing property.  This short note covers a couple of important situations that could save you money, in…

Charities and Imputation

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In mid-2008, the New Zealand government gave charities an opportunity to give their view on receiving a tax break. Currently charities are indirectly taxed when they invest in New Zealand companies. The government has been investigating ways…

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