Date posted: 9/07/2019 4 min read

Recent New Zealand consultations

Recent advocacy by Chartered Accountants ANZ in New Zealand.

In Brief

  • Recent CA ANZ advocacy activities
  • Legislation reported back and enacted
  • Finalised Inland Revenue Items

CA ANZ Advocacy

Chartered Accountants ANZ and our Tax Advisory Group met for the second meeting of the year at the end of June. The Tax Advisory Group aims to provide sound, fair and efficient tax law and tax administration advice that is in the interest of New Zealanders and New Zealand business. It advocates for policy and legislative reform that aims to result in growing the New Zealand economy and reducing compliance costs.

Our New Zealand Tax Team works with the TAG to:

  • make submissions to government
  • undertake confidential pre-policy statement consultation
  • review and comment on Inland Revenue policy statements, questions and media statements
  • engage with Inland Revenue on operational policies and procedures, and
  • work closely with other key stakeholders in the tax system.

CA ANZ with the input from the TAG will be submitting on the 'Options for taxing the digital economy' government discussion document on 18 July 2019.

We had the opportunity to meet with senior Inland Revenue and Treasury officials and the Minister of Revenue to discuss current tax policy issues.

Recently Finalised Items

CA ANZ has recently submitted on a number of items including:

  • GST on Telecommunication Services
  • Draft operational statements on using Commissioner's kilometre rate for business use of a motor vehicle
  • Income Tax – Employer issued cryptocurrency provided to an employee

Copies of our submissions can be found below.

Draft operational statements on using Commissioner's Km rate for business use of a motor vehicle

Read more

Employer issued cryptocurrency provided to an employee

Read more

GST on Telecommunication Services

Read more

Read the final IR Items

The recently finalised Inland Revenue items are included in the July Tax Information Bulletin.

Read the latest TIB here

Contact the CA ANZ Tax Team

As an advocacy team, we endeavour to comment on a "what's best for New Zealand" basis. Our public policy perspective means we provide comment on tax policy and its implementation free from self-interest or sectorial bias. Our submissions are guided by the following principle: the tax system must not impede New Zealand's international competitiveness, the growth of our economy; or our innovation and entrepreneurship.

We work closely with Inland Revenue, Treasury and other stakeholders in formulating our submissions as well as consulting with our Tax Advisory Group and other member tax liaison groups.

Throughout the year we ask for member's thoughts and feedback on Inland Revenue consultation items, if an item is of interest to you or your clients, we'd love to hear from you.

If you'd like to discuss current or upcoming advocacy work get in touch with our Member Knowledge Specialist.

Please note that as an advocacy unit, our NZ Tax Team is prevented by our liability from providing tax advice.

Connect with the NZ Tax team

Members are encouraged to stay engaged in the consultation process and share suggestions and feedback

Send Your Comments

Discuss current or upcoming advocacy work

If you’d like to discuss current or upcoming advocacy work get in touch with our Member Knowledge Specialist.

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