Government announces Income Insurance scheme consultation
Source: New Zealand Inland Revenue Department – Press Release/Statement:
Headline: Government announces Income Insurance scheme consultation
The Government, Business New Zealand and the New Zealand Council...
Feedback sought on forestry aggregation tax issues
Source: Inland Revenue Department –
The Government wants to support small forestry block owners to be able to group together to achieve economies of scale...
Family Tax Credit Bill passed
Source: New Zealand Inland Revenue Department – Press Release/Statement:
Headline: Family Tax Credit Bill passed
The Taxation (COVID-19 Support Payments and Working for Families Tax Credits)...
Family Tax Credit Bill introduced
Source: Inland Revenue Department –
The Minister of Revenue has introduced a Bill which proposes an increase to the Family Tax Credit and the Working...
Reporting requirements for domestic trusts
Source: Inland Revenue Department –
From the 2021–22 income year there are new disclosure rules for domestic trusts – trustees will have to prepare financial...
Feedback sought on reporting requirements for domestic trusts
Source: Inland Revenue Department –
From the 2021–22 income year there are new disclosure rules for domestic trusts – trustees will have to prepare financial...
Commentary on Supplementary Order Paper released
Source: Inland Revenue Department –
A commentary to Supplementary Order Paper No 64 has been released today. The SOP was released on 28 September and...
Cross-border workers: issues and options for reform
Source: Inland Revenue Department –
An officials’ issues paper setting out a range of issues facing employers and payers of cross-border workers.
Proposals include:
enabling more flexible...
Feedback sought on cross-border workers issues
Source: Inland Revenue Department –
An officials’ issues paper released seeks feedback on a range of issues facing employers and payers of cross-border workers.
Proposals include:
enabling...
Interest limitation information sheets
Source: Inland Revenue Department –
The interest limitation proposals released by the Government on 28 September 2021 are part of its overall efforts to address...
Government releases interest limitation proposals
Source: Inland Revenue Department –
The Government has today released draft legislative proposals aimed at limiting the deductibility of interest incurred for residential property investments....
Limiting interest deductibility on residential investment property
Source: Inland Revenue Department –
Regulatory impact statement prepared by Inland Revenue about limiting interest deductibility on residential investment property.
The proposal is included in Supplementary...