INSIDE THIS EDITION Changes to donation tax credits 1 Global tax 2 Purchase price allocation 3 GST on loan repayments 3 Snippets 4 Employee use of telecommunication tools and usage 4 Tax: a brief history 4 Changes to donation tax credits A tax credit is able to be claimed on donations made to organisations and charities that are registered on Inland Revenue’s (IRD) list of Donee Organisations. The amount of the credit is one third of the amount of the donation, and is limited

As we enter a new decade, it is fascinating to reflect on the vast array of technological change we have seen in the last ten years. We’ve seen the introduction of the smartphone, the rapid growth of streaming services, the introduction of electric scooters and the word ‘Uber’ has become part of the mainstream vocabulary. None of these would have been possible without the rapid advances in technology we have witnessed over the last decade. Back in 2010, the world saw the