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Short-process rulings give certainty on tax law
30 September 2019
Inland Revenue is introducing a new way for customers to get certainty on how tax law applies to their situation.
Oamaru embraces AIM
19 September 2019
An Oamaru accountant is an enthusiastic advocate of Inland Revenue’s new provisional tax option, the Accounting Income Method (AIM).
Cryptocurrency tax guidance extended to cover employee share schemes
06 September 2019
Inland Revenue is extending its guidance on cryptocurrencies to cover their use in employee share schemes.
Mercury NZ v CIR - court case
26 August 2019
The recent court case between Inland Revenue and Mercury NZ Ltd is only the second time New Zealand courts have analysed the modern depreciation regime, introduced in 1993.
Tax treatment of land use payments clarified
23 August 2019
Revenue Minister Stuart Nash has announced his intention to introduce a legislative amendment to ensure that payments received by a land owner from the grant of a land right (such...
Payday filing – Inland Revenue prefers education over penalties
16 August 2019
Inland Revenue (IR) would like businesses not already filing their payroll information every payday, to seek the help they may need before IR calls them.
Work programme confirms economic and social focus
08 August 2019
The Government’s updated tax policy work programme continues the focus on productivity, growth and wellbeing outlined in Budget 2019, Revenue Minister Stuart Nash announced today.
IR consulting on taxing employer-provided travel
26 July 2019
Inland Revenue has put out proposals for consultation to clarify and simplify the tax rules around employer-provided travel to distant workplaces - for example, a person who works in Wellington...
Provisional tax becomes even simpler for small businesses
18 June 2019
Small businesses from around the country are enjoying a simpler approach to provisional tax – one which sees them only having to pay a bill when they’re making a profit.