Tax in focus

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  1. Tax Governance is on Inland Revenue's radar (NZ)

    Inland Revenue has extended review activities of small and medium enterprises (SMEs) to include tax governance...

  2. 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...

  3. 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...

  4. 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...

  5. 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?...

  6. How the 2025 Investment Boost works

    Key technical considerations include eligibility, timing of asset purchase/use, and treatment under existing depreciation and transfer rules...

  7. Navigating complexity: Key themes to expect from the NZ Tax Roadshow 2025

    CA ANZ is gearing up for the NZ Tax Roadshow 2025, which will be held across 13 locations nationwide throughout May, along with one virtual session...

  8. Fonterra announces changes in tax treatment of dividends

    Fonterra has updated the tax treatment of dividends paid on supply-backed shares...

  9. Where to now for FBT?

    CA ANZ has long called for a simplified FBT system that targets genuine substitutes for salary and aligns with modern work arrangements...

  10. 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?...

  11. 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...