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Incorporated Societies Act 2022: new requirements & re-registration by April 2026
The Incorporated Societies Act 2022, which came into force on 5 October 2023, modernised the legal framework for incorporated societies in New Zealand, replacing the outdated Incorporated Societies Act 1908. This new legislation introduced several key changes aimed at improving […]
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Calculating tax for incorporated societies
“We’re an incorporated society or a club, our income is tax-free, right?” If you’re part of an incorporated society or club, you might assume that all your income is tax-free. While it’s true that some types of income—like membership fees—are […]
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IRD compliance checks: what to do if you receive a letter
Recently, we’ve seen clients receiving letters from Inland Revenue notifying them that their business has been selected for industry monitoring. If you receive one of these letters, there’s no need for immediate concern—this doesn’t automatically mean an audit is coming […]
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