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Fringe benefit tax

Fringe benefit tax How workable is the Greens Party’s wealth tax? Is unemployment insurance on the cards? The Week In Tax · FBT & motor vehicles, how workable is the Green Party’s wealth tax & unemployment insurance Transcript The new car sales results in July turned out to be something of a surprise, with 8,400 new passenger […]

What’s the tax treatment of gold?

What’s the tax treatment of gold? What deductions are available for residential property investors in respect of expenditure to meet Healthy Homes standards Big changes to Trust law coming – are you ready? Tax avoidance and Eric Watson and Kidicorp The Week In Tax · Tax treatment of gold, deductions for healthy homes standards, trusts, […]

Proposed changes to the late payment penalty regime for Child Support.

Proposed changes to the late payment penalty regime for Child Support. Millionaires want tax increases but the EU’s bite of Apple goes sour. And last days to organise a tax pooling payment for the 2019 tax year The Week In Tax · Child Support late payment penalties, EU loses tax case against Apple, 2019 tax […]

The Government extends the Small Business Cashflow Loan Scheme;

The Government extends the Small Business Cashflow Loan Scheme ACC levies are frozen until 2022; and Inland Revenue explains the taxation of overseas investment properties. The Week In Tax · IRD on taxation of overseas investment properties, SME Loan Scheme extended & ACC levies frozen Transcript At the start of the week, the Government announced that it […]

This week I spoke with Josh Taylor, director and co-founder of tax pooling company Tax Traders.

Josh co-founded Tax Traders with Nicola Taylor eight years ago aiming to bring the benefits of tax pooling to all taxpayers. It’s been hugely successful since then growing year on year at around 40%.  Currently Tax Traders is working with over 400 accountancy firms around the country including the preferred provider for Deloitte and the tax […]

A tax law change could be of major benefit to Kiwis with Australian superannuation funds

A tax law change could be of major benefit to Kiwis with Australian superannuation funds Rethinking the taxation of redundancy Google’s 2019 results highlight the difficulties of taxing the digital giants The Week In Tax · Australian superannuation, changing taxation of redundancy, Google and tax Transcript This week, a seemingly arcane tax change could be […]

Inland Revenue has released five COVID-19 related variation determinations including ones covering look-through companies, bad debt write-offs and tax pooling

Inland Revenue has released five COVID-19 related variation determinations including ones covering look-through companies, bad debt write-offs and tax pooling The tax problem of appointing an Australian resident executor A temporary increase to the write-off threshold for tax to pay The Week In Tax · Inland Revenue variation determinations, dangers of Australian executors, automatic write-off […]

This week a look at the new Wage Subsidy Extension scheme

This week a look at the new Wage Subsidy Extension scheme Capital gains tax is back on the agenda Time to top up your KiwiSaver contributions The Week In Tax · Wage Subsidy Extension, CGT is back on the agenda, time to top up your KiwiSaver contributions Transcript From last Tuesday, businesses and the self-employed […]

The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill introduced covering purchase price allocation, taxation of land, feasibility expenditure and trusts

The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill introduced covering purchase price allocation, taxation of land, feasibility expenditure and trusts Inland Revenue phone issues Last week for applications for the small business cashflow scheme The Week In Tax · A new tax bill, Inland Revenue isn’t answering the phones, small business […]

A controversial extra relief for the newly unemployed

A controversial extra relief for the newly unemployed Are redundancy payments overtaxed; and Record numbers apply for instalment arrangements with Inland Revenue. The Week In Tax · A controversial new payment for the unemployed, taxing redundancy & instalment arrangements Transcript According to a Statistics New Zealand report this week, job numbers dropped by a record 37,500 in […]

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