Blog

Introduction to AML for clients

Introduction to AML for clients

We want to advise you of law changes that have applied to accountants and their clients from 1 October 2018.  These laws already apply to lawyers, banks and financial service providers; and are known as AML (anti-money laundering and Countering Financing of Terrorism Act 2009). AML has been in place in New Zealand since 2013 and in addition to applying to your relationship with us from 1 October, will apply to your relationships with any real estate agent you deal with after 1 January 2019.  This reflects New Zealand’s commitment to the
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Relocating Port

Relocating Port Relocating freight operations from Ports of Auckland to Northport (operated by Marsden Maritime Holdings) over time improve the efficiency of the upper North Island’s freight system, while also maintaining competition, an independent review panel says. Via – Forsyth Barr
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Inland Revenue – Moving On From Cheques

   

Inland Revenue and ACC - No Cheques from 1 March 2020

Cheque usage continues to decline every year.  Last year cheques only accounted for 5% of payments to Inland Revenue and some people who used cheques also used other payment methods. From 1 March 2020, Inland Revenue will no longer be accepting cheques if customers have an alternative payment option available.  This includes post-dated cheques (cheques dated after 1 March 2020). What: Inland Revenue and ACC will no longer accept payments by cheque or any cheques dated
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