Monthly Archives :January 2019
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OECD Tax Inspectors without borders,

Terry’s Tax Roundup – 16 – 22 January 2019

The week’s tax news in one handy summary.  New Zealand Tax This would be a good move. But I do agree with limiting it to commercial/industrial property | The Tax Working Group: Will it bring back depreciation of buildings? https://t.co/5jDd8eiw2W Interesting story about suggestion that art & other collectibles would be excluded from a CGT. […]

Terry Baucher, Tax Expert NZ, Fiscal Drag

TVNZ interview on Fiscal Drag

Summary of points made by Terry during this 5 minute interview [link to watch]. The trouble with Fiscal Drag as you cross a tax bracket and it’s not adjusted for inflation and so  reduces your take home pay. All the tax brackets need to move up as they haven’t changed since 2010. On an inflationary basis […]

ikea store, new zealand ikea

Terry’s Tax Roundup – 8 – 15 January 2019

The week’s tax news in one handy summary.  New Zealand Tax Abrupt changes of tax policy to shut down perceived abuses are a fact of life, but if a landlord is continuously running at losses how is that sustainable? | Leicester Gouwland: Another blow for residential landlords https://t.co/GSfHK5FaHF Broadly what I had expected to see, […]