New Zealand tax treatment of COVID-19 measures
The IR website has up to date information on depreciation on commercial buildings, the provisional tax threshold, low-value assets thresholds, Research & Development Tax Credit refunds and Use of Money Interest relief and other tax issues.
The CA ANZ Tax Team are working hard to get reliable and accurate information for members as soon as we are able in these fast-moving times. Check My CA regularly for updates from our team. IR also has a list of frequently asked questions which is a useful resource for members or tax agents.
The tax and economic package is a cross-agency package, with Inland Revenue and the Ministry of Social Development playing key roles.
The IR website has up to date information on depreciation on commercial buildings, the provisional tax threshold, low-value assets thresholds, Research & Development Tax Credit refunds and Use of Money Interest relief and other tax issues.