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Tax Working Group

The report is wide-ranging and it would be impractical to comment on it all in this publication. You will receive a fair amount of material from...

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Proposed Ring Fenced Losses May Never Be Claimable

Inland Revenue distinguishes between situations where the profit on the sale of the property is going to be taxed and where it is not going to be...

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Exemption From Filing Electronically

Inland Revenue has produced operating statement 19/01. It sets out the criteria for a person to be granted an exemption from the requirement to file...

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Tax Write Offs

The Finance and Expenditure Committee is recommending the current tax Bill before parliament be amended so tax owing of $50 or less can be written off...

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Planned Contacts with Employers about Payday Filing

This is to let you know that we’ll be sending emails and letters to all employers on the 15th of October. We’ll be reminding them they must shift to...

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Who Will Own Your Next Investment?

Taken from Wakefield Lawyers -

Purchasing an investment property is an exciting time regardless of if it’s your first or fifth...

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Reminder: Minimum wage has changed

On 1 April 2018, the minimum wage rate rose 75c to $16.50 an hour before tax.  If you pay your workers minimum wage, you should have already updated...

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Change to paid parental leave: What it means for your business

From 1 July 2018, the number of weeks a parent can get government-funded parental leave payments increases from 18 weeks to 22 weeks.

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Payday Filing

Employers with combined deductions of $50,000 or more per year will be obligated to file details of PAYE online as from 1 April 2019.


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GST on Low Value Imports

Main points of proposed change are:

  • Overseas supplier to register if sales to NZ consumers (i.e. not business to business sales) expected to exceed...
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Ring Fencing Rental Losses

On 29 March 2018, Inland Revenue released the officials’ issues paper on the subject of ring fencing rental losses. These are the main proposals:- ...

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Crypto Currencies

Inland Revenue is considering a range of issues related to cryptocurrencies. Their thought is cryptocurrencies are property and not currency....

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