Kia Ora,
Today's newsletter is jam-packed with events and offers, including discounted tickets to this weekend's Rugby Sevens - so be sure to secure your tickets. Let's go New Zealand!
Speaking of tickets, keep an eye out for the launch of our Kiwi ball this month -- and be sure to lock away the 31st August for the event of the year!
Regards, Tahsha Pratt
Executive Director New Zealand Chamber of Commerce, Singapore |
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| Ka maumahara tonu tatou ki a ratou – we will remember them.
On 25th April, we join together to honor the courage and sacrifice of our fallen heroes at the Kranji War Memorial Cemetery. Their bravery and selflessness will forever be remembered, inspiring us to cherish the freedoms they fought to preserve. Let us unite in gratitude and remembrance as we pay tribute to their enduring legacy. Lest we forget. |
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| An Evening with Hon Erica Stanford |
| Last week, we had an enriching dialogue at our MĀIA-led fireside chat featuring Hon. Erica Stanford, Minister of Education and Immigration. Minister Stanford's insights into her political journey was truly inspiring! A special thank you to our event supporter, Australian International School, our host Danny Tauroa, the MĀIA NZ Women's Network, and the New Zealand High Commission, for their invaluable contributions to making this event a success! |
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| Together with DFI Retail Group, New Zealand Trade & Enterprise kicked off the launch of the highly-anticipated New Zealand F&B fair across Cold Storage Singapore stores with New Zealand brands and in-market partners in attendance. The launch event started with a powerful opening by the Kapa Haka group made up of the Kiwi Waka Ama Club and students from the Australian International School; delivering a invigorating performance expressing the identity and heritage of New Zealand's Māori heritage to commemorate this special event.
We're thrilled that a huge variety of safe, nutritious, ethical, premium quality and tasty New Zealand products are highlighted across Cold Storage stores across the country for a limited time only from now till 15 May.
Don't miss this opportunity to taste some of the freshest produce and ingredients from New Zealand! |
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| An Evening with Peter Vial, CA ANZ's New Zealand Country Head |
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FREE EVENT FOR CHAMBER MEMBERS
Date: Monday, 27 May 2024 Time: 6pm - 8.30pm Venue: ANZ Singapore
In October 2023 New Zealanders elected a new tripartite Coalition Government, which has promised “to manage a strong economy that will ease the cost of living and deliver tax relief, restore law and order, deliver better public services and strengthen democracy”.
CA ANZ’s New Zealand Country Head, Peter Vial, FCA will reflect on the first six months of the new Government’s term in office, including progress in implementing National’s 100-day plan and 100-point economic plan – ahead of the new Government’s first Budget to be delivered by Hon Nicola Willis, Minister of Finance, on 30 May.
Key areas of focus for Peter will include tax reform, education and immigration settings relevant to our profession, sustainability settings, government spending and the regulatory landscape. He will also update members on regulation and professional conduct developments in New Zealand.
Join us for this joint event in collaboration with the Chartered Accountants Australia and New Zealand. |
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| Singapore Australia New Zealand (SANZ) Trialogue |
| FREE EVENT FOR CHAMBER MEMBERS
Date: Wednesday, 8 May 2024 Time: 11am - 11.45am (SGT) Venue: Virtual
Join us at our virtual conversation 'SANZ Trialogue' hosted virtually in Singapore, Australia, and New Zealand, connecting leaders and decision-makers across geographical boundaries. By bringing together key leaders from government, business, and academia in each country, the forum creates a platform for collaborative discussions on regional and global issues. This unique format will foster deeper cooperation, trade, and diplomatic ties. |
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| SAVE THE DATE | NZ Chamber "The Invinciball" |
| SAVE THE DATE!
Date: Saturday, 31 August 2024 Time: 6.30pm - late Venue: Sofitel Singapore Sentosa
Join us for an unforgettable evening as we celebrate a century of The 1924 All Black Invincibles team at the NZ Chamber's annual gala event, "The Invinciball".
Some highlights of the evening include: - A spectacular gala dinner featuring exquisite cuisine and fine wines from New Zealand
- Back by popular demand -- be entertained all night by Kiwi rock sensation, Shane Cortese and the 8 Track band
- An exciting auction to bid on some amazing prizes & experiences
- An after-party to watch the All Blacks VS Springboks live
Stay tuned for more details! Tickets go on sale soon. |
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| SOLD OUT: Green Walk Series | Marina Bay Sands Singapore |
| THIS EVENT IS SOLD OUT! Thank you to those who have registered, we look forward to hosting you at MBS on 30 May.
Note: Please gather outside Origin & Bloom of MBS Hotel Tower 3 Lobby at 5.15pm. The tour will begin promptly at 5.30pm. |
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Members News & Promotions |
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Rugby Sevens is going next level! The HSBC SVNS is coming to Singapore on 3-5th May for a festival of world-class rugby sevens, live music and all day entertainment. Support the All Blacks and Black Ferns 7s in their quest for gold!
Enter discount code "NZSING10" to enjoy 10% off to all general admission tickets!
Get your tickets now at SVNS.COM |
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| Little Farms | Garden Vibes |
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Get ready to elevate your senses and nourish your mind, body, and soul at Singapore's inaugural Farmer's Market and Wellness Event, "Garden Vibes," hosted by myVillage in collaboration with Little Farms. This ground breaking event promises an immersive experience filled with fresh produce, international delicacies, and rejuvenating wellness activities and inspiring talks from industry leaders.
Discover All-Natural Produce Scheduled for 25 and 26 May 2024, 9am to 9pm, Garden Vibes will bring together more than 20 acclaimed producers and farmers from New Zealand, Australia, and Europe, offering attendees the opportunity to sample and learn about their exceptional products first hand. Farmer’s Market is free of charge and and you can get a ticket to redeem a free juice at https://shorturl.at/M0237.
Rooftop Body Wellness Experience Get ready to take your wellness journey to new heights! At Garden Vibes, we believe in inclusivity, catering to all levels of wellness enthusiasts, and with a pocket-friendly price tag - at only $5 for each 45-minute session, or get an all-day unlimited pass for only $30 per day. |
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| NZ Property Market & Tax Update by Alan Henderson of Erskine Owen |
| We are excited to share with you the recent presentation by Erskine Owen director, Alan Henderson, at the New Zealand High Commission of Singapore.
The event, centered around the New Zealand Property Market & Tax Update, garnered significant attention and was attended by over 60 members of the NZ Chambers of Commerce in Singapore.
Alan discussed crucial topics shaping the landscape of the New Zealand property market including insightful discussions on: - Analysis of the coalition agreements between National, Act, and NZ First
- Impacts of NZ immigration and emigration trends
- Outlook and implications of the NZ OCR
- Evaluation of global macro conditions
The recording of Alan's presentation is now available for your viewing by clicking on the button below.
If you would like to schedule a 1-on-1 property planning session with Alan Henderson to discuss your property portfolio, please email Daniel Young at dyoung@erskineowen.co.nz. |
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| New Zealand Tax Update - By Des Trigg |
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NZ tax residency continues to be by far the most debatable topic for persons arriving in/returning to NZ (permanently or temporarily). WHY? NZ tax is imposed on worldwide income of NZ tax residents. Foreign-sourced income (liable for NZ tax) is thus included in a NZ tax liability. There is no double taxation. A credit is available for foreign tax, BUT ONLY to the extent of the foreign tax charged on that income. Unlike other Western countries, NZ has little in the way of tax exemptions/rebates; the effect of which there is generally a shortfall of tax after foreign tax credits.
What should you be considering?
If you have a “home” in both NZ and your current place of abode (for a period), the Double Tax Treaty might delay establishing NZ tax residence; thus protecting continued foreign-sourced income from NZ tax for that period. If such foreign income is passive (interest/dividends/rental/royalties/pensions/super, for example), there is a 48-month “holiday” before such income hits the NZ tax net. But take care, the holiday is not 4 years. It is 48 months from the day of assuming NZ tax residence!
If seconded to NZ to work (NZ tax is imposed on NZ sourced income), consider the option of working as a contractor, rather than an employee (there are tax benefits for both parties).
Disclaimer: This update is provided by Des Trigg, CA Tax Consultant of Auckland. The content is for information only and should not be acted upon without professional advice. Neither the author nor any NZ Chamber staff accept any liability to any other party.
Des Trigg CA Tax Consultant Mobile: +64 21 768 967 Email: des@destrigg.co.nz |
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| Not a member yet? Join now and become part of our vibrant and supportive community! |
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$99 per person Good for anyone with an interest or connection to New Zealand: - Individuals aged 26 & under who are solo-entrepreneurs, business people, students or anyone looking to regularly network with New Zealanders.
- Connect with the NZ community, culture and stay up to date with NZ-related business activity in Singapore and SEA.
$200 per person Good for anyone with an interest or connection to New Zealand: - Solo-entrepreneurs, business people, students or anyone looking to regularly network with New Zealanders.
- Connect with the NZ community, culture and stay up to date with NZ-related business activity in Singapore and SEA.
$330 per couple Good for couples with an interest or connection to New Zealand: - Join with your partner to receive an annual discount.
- Enjoy the same benefits and opportunities as the Individual membership.
- Both people do not have to be Kiwis.
$990 per Company, includes 3 Corporate nominees Good for any business with an interest or connection to New Zealand: - Connect and network with New Zealand Business people living in Singapore.
- Promote your product and services within the New Zealand Community.
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Copyright © 2019 New Zealand Chamber of Commerce Singapore. All rights reserved. You are receiving this email because you are a NZ Chamber member or have otherwise opted in through contact with our office. |
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Our mailing address: New Zealand Chamber of Commerce Singapore One George Street/ #21-04 Singapore 049145 Singapore |
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