Shortfall penalties rethink: clearer rules on care and tax positions (NZ)
When Inland Revenue (IR) reviews the return, the issue is not just whether the deduction is denied, but whether a shortfall penalty should apply...
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When goodwill meets the tax rules: sponsorship can be taxing
Inland Revenue’s latest draft interpretation statement takes a closer look at where community support and tax intersect...
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Investment Boost remedial changes: tightening and clarifying the rules (NZ)
Introduced under urgency as part of the Budget process and without the benefit of external consultation, shortcomings in the original legislation have come to light...
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Key proposals in the August NZ Tax Bill: What’s changing and Why it matters
Many address areas where the current law is either impractical or overly complex, while others refine rules to better reflect modern circumstances, such as remote workers and small-scale renewable...
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To be in business: Are you really carrying on a business for tax purposes?
Have you ever wondered if your side hustle, investment activity, or even your hobby could be considered a business for tax purposes?...
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NZ Tax: going for growth?
The CA ANZ New Zealand Tax Conference returns on 20–21 November 2025 at Cordis Auckland, with online attendance available...
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When IR comes knocking: What to know and do
Inland Revenue expects a return of more than $1 billion over two years, signalling a strong focus on high-risk areas such as trusts, residential property, and undeclared income in the hidden economy...
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Unlocking investment: Rethinking thin capitalisation for infrastructure projects
New Zealand’s current thin capitalisation rules aim to limit excessive interest deductions claimed by non-resident investors or foreign-controlled entities, but they weren’t built with large-scale...
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Can our NZ tax system withstand the grey wave? Inland Revenue’s bold look at the future
Picture this: by 2040, nearly one in five Kiwis will be over 65, but the pool of working-age taxpayers funding healthcare and superannuation will have shrunk dramatically...
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How the 2025 Investment Boost works
Key technical considerations include eligibility, timing of asset purchase/use, and treatment under existing depreciation and transfer rules...
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What the new Fonterra dividend tax treatment means for dairy farmers
Fonterra is changing the tax treatment of payments made for wet shares from the 2025 income year. These payments will now be treated as dividends for income tax purposes...
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Turning feedback into action: IR responds to CA ANZ findings
We are delighted to share with our members that Inland Revenue (IR) has implemented a package of service changes aimed at addressing issues raised by CA ANZ and its members...
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Understanding bright-line rollover relief: What transferees inherit in family transfers
Inland Revenue’s QB 25/15 explains how rollover relief under the bright-line rules applies when residential land is transferred between associated persons...
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“We never signed anything—how could it be a partnership?”
Why Inland Revenue’s new Interpretation Statement on partnerships matters more than you think...
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Time to tidy up FBT: CA ANZ's push for a fairer, simpler regime
Chartered Accountants Australia and New Zealand (CA ANZ) has provided input to Inland Revenue, outlining practical measures to modernise the system, reduce compliance burdens, and support fair and...
