Tax Tips - Previous issues 2008

Tax Tips 13 / 2008
Tax avoidance; UK VAT refund opportunity; Holiday houses; Facts on Tax seminars.

Tax Tips 12 / 2008
New tax bill; Briefings to the incoming Ministers; US / NZ DTA; Relocation expenditure; Mutual recognition; GST refunds; Philippines / NZ DTA.

Tax Tips 11 / 2008
National’s tax policy; Land – purpose or intention of sale KiwiSaver mortgage diversion eligibility broadened; Customs trade sector audits 2009 - 2010; Secondary tax rate introduced.

Tax Tips 10 / 2008
Tax policies of the minor parties; Stapled securities; KiwiSaver: Employer contributions;Partnerships: Death of a spouse; Care and management of taxes; FBT rate change; Tax treaty update.

Tax Tips 9 / 2008
Imputation issues on the table; Changes to personal income tax rates; Election to change balance date.

Tax Tips 8 / 2008
The Government intends changing the Employment Relations Act 2000 to prevent employers paying less to their employees who are members of KiwiSaver than to their employees who are not members of KiwiSaver.

Tax Tips 7 / 2008
NZ's international tax rules; Associated persons; Relocation payments; Payroll giving; Threshold changes for SMEs; Life insurance; Emissions trading scheme.

Tax Tips 6 / 2008
A recent Issues Paper considers a number of options for strengthening the GST neutrality on business-to-business transactions and reducing the risks that GST can present to both businesses and the government.

Tax Tips 5 / 2008
Income splitting; Stapled securities; FIF investments; Voluntary disclosures; Payroll giving and honoraria; Income diversion; OECD Model Tax Treaty; Withholding Payment Regulations; GST and leasehold land.

Tax Tips 4 / 2008
In a significant development in the law of transfer pricing, the Australian Administrative Appeals Tribunal (AAT) has issued a preliminary judgment in the dispute between Roche Products Pty Limited and the Australian Taxation Office covering the 1993 to 2003 income tax years.

Tax Tips 3 / 2008
The new tax year. 1 April 2008 marks the start of a new tax year for most taxpayers and this year a number of reform measures are effective from that date. It also marks the commencement date for the largest Act ever passed by Parliament: the Income Tax Act 2007.

Tax Tips 2 / 2008
Parliament passed the Limited Partnerships Bill and the Taxation (Limited Partnerships) Bill earlier this week. The legislation introduces a new limited partnership vehicle to replace the current special partnership vehicle and codifies the income tax treatment of both general and limited partnerships.

Tax Tips 1 / 2008
Late last year the Minister of Finance, Michael Cullen, confirmed that he would unveil a programme of personal tax cuts in the Budget to be delivered on 22 May. The lack of any specific details has led to significant debate in the media as to how tax cuts will be realised and who will benefit from them. However, this focus on how much the average taxpayer may receive from the Government’s programme of tax cuts risks turning personal tax reform into a political event rather than a neutral and measured process. Our chairman, John Shewan, has suggested that, instead of crunching the numbers, the debate would be more constructive if it started by focussing on the structure of the New Zealand tax system. Principles first, numbers later.