UHY Haines Norton, member of the global accountancy network UHY, introduces the latest edition of UHY International Business – Issue 30. This bi-annual publication features fresh insight, provided by members firms, on the most current business challenges and key issues faced by companies and individuals around the world. Issue 30 covers the following topics: INDIA:…Details
We are delighted to extend a warm welcome to our new Senior Auditor, Catherine McCarthy. Joining us from Audit New Zealand, Catherine brings extensive experience in public sector auditing to the busy Audit division. It is with regret that we announce that Accountant Katrina Whatmough is leaving us this Christmas. Katrina will be taking a new opportunity…Details
Congratulations to UHY Haines Norton client PSL Construction Limited, who have been honoured with several awards at the 2014 National Registered Master Builders House of the Year Awards for a residential home in Northland’s Waipu. In addition to the prestigious Supreme Award, the company also received the Craftsmanship Award and the Westpac New Homes Over $2…Details
A snapshot of some of the major events from 2014. Royals the Duke and Duchess of Cambridge and baby Prince George spent 9 days visiting New Zealand and charming everyone they met. In September it was announced that the couple are expecting their second child, due in April 2015. New Zealand singer/songwriter Lorde has continued…Details
It truly is the end of an era: UHY Haines Norton’s Administration Manager Karen Kipling is retiring after no fewer than 25 years with us. In 1989 Karen started working for us as a typist – securing the job when the first successful applicant didn’t return after just one day on the job! Luckily for…Details
After several months in development, we are proud to announce the launch of the new UHY Haines Norton website: http://www.uhyhn.co.nz. This year our company has updated our branding, adopting the colours and service icons developed by UHY International. You may have already noticed our new letterhead and envelope designs. Now our website has been updated…Details
UHY Haines Norton Audit Partner Sungesh Singh recently attended the 2014 UHY AGM in Germany. This year I had the opportunity to attend UHY’s 2014 Annual General Meeting. The conference welcomed 150 delegates from around the world and was proudly hosted by member firm Dr. Langenmayr GmbH Wirtschaftsprüfungsgesellschaft in Germany. Exactly, please don’t ask me…Details
New member firm in Ecuador joins the network. UHY Haines Norton welcomes new member firm, Assurance & Services Auditores y Consultores CIA., LTDA., based in Ecuador to the global accountancy network UHY, of which our firm has been a member since 2004. Established in 2004 and based in Quito, the capital of the Republic of…Details
This year, instead of sending out printed Christmas cards to our clients and associates, we decided to donate the cost to a very worthy cause. The Waitakere Salvation Army – also known as The Faith Factory – is situated just around the corner from our Henderson office in View Road. Run by a very dedicated…Details
New Zealand has one of the lowest tax burdens for high earners of any major economy, according to a new study by UHY, the international accountancy network.
New Zealand has the 8th lightest tax burden out of 25 countries, ranked by UHY according to how much tax and social security it takes from its highest earners’ wages (on a salary of US$1.5m – see table below).
UHY notes that New Zealand is making itself more attractive to high earners than neighbouring Australia, which levies 46% in tax on a salary of US$1.5m, compared to New Zealand’s 32.6%. However, UHY also notes that New Zealand does not have a compulsory retirement savings scheme and individuals do not make social security contributions other than as part of normal Income Tax and ACC levies. Instead, individuals have the choice not to participate in KiwiSaver or choose to contribute 3%, 4% or 8% of their gross earnings. The data used in this survey assumes that the individual has chosen not to participate in KiwiSaver, even though there are significant incentives for participation. Furthermore, retirees’ are also entitled to a state-funded pension and any savings amassed through KiwiSaver are intended to supplement the pension.Details
Congratulations to our resident hockey star, accountant Katrina Whatmough. Katrina plays fullback for Waitakere Hockey, and has received her team’s Most Valued Player award and the club’s Women’s Player of the Year award for 2014. In addition, Katrina was nominated for and is now a finalist for a Sport Waitakere Excellence “Sporting Acknowledgement” Award, to…Details