NRI Taxation for New Zealand: Connect With the Best CA Consultancy

NRI Taxation for New Zealand: Connect With the Best CA Consultancy

Sachin Gujar & Associates is a well-known, established chartered accountant firm in Pune since 1999. We develop a one-stop solution to address the concern of audit, tax, accounting, and advisory services. Our firm shares best practices & advice from an expert team of chartered accountants with years of experience. We can develop an array of services, such as direct & indirect tax advisory, GST registration, startup services, auditing, and setting up a new company in India.

If you are working in New Zealand and looking for NRI tax services for New Zealand, Don’t worry! We, at Sachin Gujar & Associates, provide excellent taxation & Investment services for Non-Resident Indians (NRI).

NRI Tax Services for New Zealand

  • NRI Tax Advisory Services
  • Hassle-free filing of Income Tax returns
  • Tax implications associated with New Zealand Income
  • Certification for Form 15CA & 15CB: Filled by residents and Non-Resident Indians for remitting funds outside India.

Creating Your NRE Accounts for Tax Liability

An NRE account includes the category of fixed, recurring, or savings deposit. It can be used for the purpose of taxation. In most cases, taxes paid are not due on the principal or interest payments in India. Additionally, you may transfer your principle and tax-free interest elements from India to whichever country you reside in. If you want to open an NRE account, all reputed Indian banks provide the facility of NRE account management.

Avail Benefit of Double Taxation Avoidance Agreement (DTAA)

DTAA is a signed agreement between two countries that is done to eliminate the chance of double taxation and tax evasion. This agreement helps any country to become an attractive destination as NRIs get relief from paying taxes multiple times. The income sources covered under the DTAA agreement are income from employment, interest, royalties, business profits, dividends, and capital gains. Also, this agreement helps to specify rules regarding which country holds the right to impose taxes.

DTAA Claims

Any NRI can enjoy the benefits in three ways:-

  • Tax Exemption: Using the DTAA benefit, NRI can claim tax relief in either their home country or the foreign one where they worked temporarily.
  • Tax Deduction: Under this method, NRI gets tax relief for a certain range of amounts specified under tax rules.
  • Tax Credit: The benefit of the tax credit can be availed by NRI to reduce the tax burden, and it can only be availed in the country of residence.

Sachin Gujar & Associates: NRI Taxation Services Providers for New Zealand

We are a leading chartered accountants firm based in Pune, providing specialized NRI tax services for New Zealand & other countries. Our team comprises experienced accounting professionals & GST experts. We are well-versed in regulation, tax treatments, claims, and deductions. Get the best consulting advice for NRI taxation for New Zealand by trusting our reliable services.

Address

Sachin Gujar & Associates,
Chartered Accountants
47/22, Erandwana, Law College Road,
Ekta Apts, 3rd Floor, Above Nirmitee Furniture,
Pune - 411004

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