Tax in focus

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Showing results 46-60 of 67

  1. Deadline approaching to opt out of GST on certain assets

    GST-registered taxpayers should review assets to determine if they benefit from the transitional rule under section 91 of the GST Act, avoiding GST obligations upon sale...

  2. Updated land sales guidance: Key draft clarifications and amendments

    Inland Revenue has released six draft amended Questions We’ve Been Asked (QWBAs) concerning land sales and the bright-line test...

  3. CA ANZ welcomes FEC report on tax bill but highlights concerns

    The Finance and Expenditure Committee (FEC) has reviewed the Taxation (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Bill and recommended changes based on public submissions...

  4. Charities and business income – will there be change?

    Inland Revenue is currently consulting on aspects of the tax rules relating to income derived by charities and not-for-profits...

  5. Facing the FIF dilemma: Will rule changes help new migrants?

    New Zealand’s FIF rules often require tax payments based on unrealised income, posing challenges for some new migrants with illiquid foreign shares. A Government Discussion Document proposes...

  6. Make your Christmas count: A guide to tax-deductible festive expenses

    Did you know some of your Christmas expenses may be tax deductible or subject to Fringe Benefit Tax?...

  7. Trust disclosures 2022/23: Insights and pathway to simplification

    Inland Revenue’s findings on the second year of trust disclosures, presented at the November Tax Conference, and a 2024 review, showed how these rules shaped compliance and policy decisions...

  8. The Inland Revenue Satisfaction Survey reveals rising compliance costs and opportunities for service improvements

    In the 2024 Inland Revenue Satisfaction Survey, CA ANZ members’ feedback reveals rising compliance costs and an urgent need for streamlined processes to ease New Zealand’s tax burden. Brought to you...

  9. Travel by car between home and work – private or not?

    Inland Revenue updates tax rules on travel between home and work, with new guidance to address deductibility and FBT implications...

  10. Draft PUB00489: Bright-line rollover relief more widely available than previously thought

    Inland Revenue’s draft PUB00489 clarifies that rollover relief is not optional, transferring the transferor’s acquisition date, cost base, and property-use history to the transferee...

  11. Taxing share investments: What every NZ investor needs to know

    Whether you use an online platform or a broker, it’s essential to consider the potential tax implications of your investments...

  12. August Tax Bill delivers a variety of fixes

    The Annual Tax Bill recently received its first reading in New Zealand Parliament and is now open for public consultation...

  13. CA ANZ remains concerned about Code Determination – 10 bodies support disallowance motion

    CA ANZ makes its concerns about the Determination clear in an Open Letter to the Government and at a roundtable with the Assistant Treasurer’s office and Treasury...

  14. Speak up: The 2024 IR Satisfaction Survey goes live this September

    This annual survey aims to understand members’ experiences with Inland Revenue and identify some of the practical implications or pain points arising from recent tax changes...