nztx
06-06-2022, 02:04 PM
https://companies-register.companiesoffice.govt.nz/news-and-notices/fma-levy-changes-companies-1-july-2022/
Well - they are charging 10.26% MORE for every Registered Company Annual Return from 1 July 2022
(based on increased overall fee but real increase on their slice is far far greater as in double plus)
Perhaps that means a 10.26% pay rise for every FMA Bod in a seat, or twice that
and/or possibly 10.26% more backsides parked up in FMA seats ? ;)
or perhaps they just need 10.26% backsides in back office admin seats to count the coin coming in ..
Of course this rake-off extends to all NZX Companies with addition of filing Financial Statements too
But wait - the FMA Portion ripped out of every Company Return Fee is currently a mere $20.00 GST Inc.
So I'll leave it to some other bright sparks to extract what new FMA pound of flesh will be and the true
rate of increase over the old $20.00 :)
20-25% increase in the FMA Rake Off anyone ?
Other benefactors out of the Annual Return Skim Off by NZ Companies Office are currently -
Insolvency Practitioner Levy $1.15 (GST Inc)
External Reporting Board Levy $6.90 (GST Inc)
obviously the last two were too slow getting their increase wishlists in or got told to go back into hiding :)
News of this increase is brought to all from the same Labour who in Cullen's time decided
that there would be No Company Annual Return fees due for the 8 or 10 years - not a cent :)
Well - they are charging 10.26% MORE for every Registered Company Annual Return from 1 July 2022
(based on increased overall fee but real increase on their slice is far far greater as in double plus)
Perhaps that means a 10.26% pay rise for every FMA Bod in a seat, or twice that
and/or possibly 10.26% more backsides parked up in FMA seats ? ;)
or perhaps they just need 10.26% backsides in back office admin seats to count the coin coming in ..
Of course this rake-off extends to all NZX Companies with addition of filing Financial Statements too
But wait - the FMA Portion ripped out of every Company Return Fee is currently a mere $20.00 GST Inc.
So I'll leave it to some other bright sparks to extract what new FMA pound of flesh will be and the true
rate of increase over the old $20.00 :)
20-25% increase in the FMA Rake Off anyone ?
Other benefactors out of the Annual Return Skim Off by NZ Companies Office are currently -
Insolvency Practitioner Levy $1.15 (GST Inc)
External Reporting Board Levy $6.90 (GST Inc)
obviously the last two were too slow getting their increase wishlists in or got told to go back into hiding :)
News of this increase is brought to all from the same Labour who in Cullen's time decided
that there would be No Company Annual Return fees due for the 8 or 10 years - not a cent :)