When to deduct withholding taxes
The tax treatment of contractor payments is a minefield of obligations, potential exposure to past taxes and resulting shortfall penalties. These significant tax and commercial risks are often borne by the person making the payment.
Eliminate the tax risks of paying contractors, directors, labour hire firms and others e.g. film crew.
Topics to be covered include:
When pricing up projects large and small it is essential for all parties to understand the cash-flow and after-tax cost of withholding taxes.
A broad overview of New Zealand tax issues applying to payments to contractors.
The webinar is at an intermediate level and will provide practical guidance to accountants, HR, lawyers, labour hire companies, tax advisors, recruiters and anyone making payments to contractors.
Maurits van den Berg, Senior Manager, Taxation Services, Baker Tilly Staples Rodway Limited
1.25 CPD Hours