Inflation and interest rates – why are they so important?

Hi there accounting fans! Let’s talk about inflation and interest rates! No matter where we live in the world, we are suffering the effects of the COVID-19 pandemic. Apart from the obvious health effects, COVID-19 has also affected economies around the world. As countries like Malaysia enter a recession, we enter a new and unpredictable

The most easy guide to calculate FIF tax

Hi there accounting fans! Let’s calculate FIF tax! So in the first part to this guide, we discussed the steps to determine if you are eligible for FIF tax. In the second part now, we will look at how to calculate for FIF tax. The first bit of this part will look at: Determining the

The most simple guide to FIF taxes

Hi there accounting fans! Here is a guide to Foreign Investment Fund (FIF) taxes for NZ tax residents. This guide will consist of two parts, first we will look at your eligibility for FIF and second, if you are eligible we will look at how to calculate your FIF tax payable. The source document for