The importance of paying tax on time
The following article featured in the news recently http://www.stuff.co.nz/business/80456776/it-contractor-megan-mary-osullivans-unpaid-tax-bill-topped-500000. The “head in the sand” approach to paying tax led to a massive tax bill for the taxpayer. Points to note from this case are: If you intend to be self-employed, or set up a company or trust structure for business you need to be putting money…
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