TIB index based from the NZ Tax Information Bulletin - kwister.net
Current Time (NZ)
03:10:30
29 Dec 2024
03:10:30
29 Dec 2024
TIB index based from the NZ Tax Information Bulletin - kwister.net
THE SOCIAL SECURITY (CASH ASSETS AND INCOME EXEMPTIONS - CHRISTCHURCH MOSQUES ATTACK SUPPORT PAYMENTS) AMENDMENT REGULATIONS 2019
An Order in Council has been made to ensure that donations to support those affected by the Christchurch mosque attacks of 15 March 2019 do not negatively impact recipients' entitlement to government assistance through the tax credit and transfers systemBR Prd 19/02 - Electricity Ashburton Limited trading as EA Networks
The Arrangement is: the payment of Consumer Discounts under the Consumer Discount Policy by Electricity Ashburton Limited (EA Networks) to electricity supply retailers (Retailers) that contract with EA Networks to use its electricity distribution network to supply electricity to consumers (Users); and the passing on of these Consumer Discounts by Retailers to all eligible UsersQB 19/03: Provisional tax - impact on employees who receive one-off amounts of income without tax deducted
An employee who receives an amount of income without tax withheld and whose residual income tax exceeds $2,500 is a provisional taxpayer even if their prior year's residual income tax was $2,500 or less. If the residual income tax is $60,000 or more, the person will be exposed to use-of-money interest if they do not pay provisional tax instalments.QB 19/04: Income tax - provisional tax and use of money interest implications for a person in their first year of business
The provisional tax rules apply to a person who is required or chooses to pay provisional tax. A person has no obligation to pay provisional tax for a tax year, if their residual income tax for the preceding tax year is $2,500 or less. But when a person starts a taxable activity that results in residual income tax of $60,000 or more in their first year they become a new provisional taxpayer and need to pay provisional tax instalments, or they will be exposed to use-of-money interestIS 19/02: Income tax - attribution rule for income from personal services
This Interpretation Statement provides guidance on when the attribution rule for income from personal services in ss GB 27 to GB 29 will apply. It expands on 'Attribution of Income' Tax Information Bulletin Vol 12, No 12 (December 2000): 49. It does not discuss or explain the calculation rules contained in s GB 29.Foreign currency amounts - conversion to New Zealand dollars (for the 12 months ending 31 March 2019)
This article provides the exchange rates acceptable to Inland Revenue for converting foreign currency amounts to New Zealand dollars under the controlled foreign company ('CFC') and foreign investment fund ('FIF') rules for the 12 months ending 31 March 20192019 CPI adjustment to DET 09/02 Standard-cost household service for childcare providers
Categories: childcare, standard-cost-amounts2019 CPI adjustment to Determination DET 05/03: Standard-cost household service for boarding service providers
Categories: boarding-service-provider, standard-cost-amountsReminder: First payment of NRWT under the non-resident financial arrangement income rules is due 20 June 2019
The non-resident financial arrangement income (NRFAI) rules were introduced by the Taxation (Annual Rates for 2016-17, Closely Held Companies and Remedial Matters) Act 2017. Broadly speaking, the rules apply to loans from related parties which are subject to non-resident withholding tax (NRWT).