Inland Revenue adds another tool for its crypto-asset activities, & beware the hidden traps of the financial arrangements regime
Inland Revenue gains another tool for its crypto-asset activities, a useful case highlighting the hidden traps of the financial arrangements regime and Iran and the All Whites might have a bigger opponent in the US Internal Revenue Service
Happy New (Tax) Year, Government's fuel relief package, 1st April changes and more
Government’s "timely, targeted and temporary" fuel relief package comes into effect but other changes effective from 1st April bite into that package and problem of low abatement thresholds remains. With terminal tax payments coming up new tax bill provides more options around tax pooling and Inland Revenue warns of cyber attacks.
Changes to thin capitalisation and student loan debt relief announced and some suggestions for responding to the surge in petrol prices
Changes to thin capitalisation and student loan debt relief announced, Inland Revenue issues warning over employers failing to pass on tax deductions and some suggestions for providing timely targeted and temporary relief for those most affected by the surge in petrol prices.
Finance and Expenditure Committee report on the 2025-26 tax bill contains good news for holders of financial arrangements
The Finance and Expenditure Committee report on the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) bill contains good news for holders of financial arrangements, meanwhile the controversial Inland Revenue shareholder loan proposals hit a major roadblock. And finally property flippers should beware.
Inland Revenue's investigation focus, the Iran Crisis and tax residency, taxing wealth in New Zealand
This week more insights on Inland Revenue’s investigation priorities, how the Iranian Crisis is affecting tax exiles and a poll suggesting New Zealanders support more taxes on ultra-rich coincides with Tax Justice Aotearoa’s release of a Wealth Tax Policy Note on the high concentration of wealth in New Zealand