Don’t spend your tax refund!

The Week in Tax – back to normal after the Government’s decision on TWG report?

International tax pressure is building to create a Digital Services Tax because OECD’s BEPS initiative is growing consensus.

Why you shouldn’t be spending any refund from Inland Revenue that turns up unexpectedly. Unexplained credit balances sometimes are paid to prevent interest payments to Inland Revenue and these are getting refunded!

Expect the report from Welfare Expert Advisory Group soon. They consider the interaction between tax and social assistance.

Next week’s guest is Marjan van den Belt

Full transcript and links

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Andrea Black and the Tax Working Group

Andrea joins Terry to talk about what it was like working as the independent advisor to the Tax Working Group.  They discuss whether Inland Revenue is under-resourced; The differences between the 2001, 2008 and 2018 Tax Working Groups as Andrea was involved with all three and whether it was all “worth it”.

Episode transcript

The audio from the first part of the episode was incomplete so the audio is just the last 8 minutes – but the full transcript is below.

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