TIB index based from the NZ Tax Information Bulletin - kwister.net
Current Time (NZ)
03:59:32
29 Dec 2024
03:59:32
29 Dec 2024
TIB index based from the NZ Tax Information Bulletin - kwister.net
QB 19/05: What are my income tax obligations if I rent out my home or a separate dwelling on my property as short-stay accommodation?
This 'Question We've Been Asked' (QWBA) explains how the income tax rules apply if you occasionally rent out your home, a room in your home, or a separate dwelling on your property for short stays (eg, through Airbnb, Bookabach or Holiday Houses).QB 19/06: What income tax rules apply if I have a dwelling that I sometimes rent out as short-stay accommodation and sometimes use myself?
This 'Question We've Been Asked' (QWBA) will help you work out which income tax rules apply to a dwelling you sometimes rent out as short-stay accommodation (eg, through Airbnb, Bookabach and Holiday Houses) and sometimes use yourself - eg, a holiday homeQB 19/07: How do the mixed-use asset income tax rules apply to a dwelling that I sometimes rent out as short-stay accommodation and sometimes use privately?
This 'Question We've Been Asked' (QWBA) explains how the income tax rules apply to a dwelling you sometimes rent out as short-stay accommodation (eg, through Airbnb, Bookabach and Holiday Houses) and sometimes use privately, where the dwelling is subject to the mixed-use asset rulesQB 19/08: How do the standard income tax rules apply to a dwelling that I sometimes rent out as short-stay accommodation and sometimes use privately?
This 'Question We've Been Asked' (QWBA) explains how the income tax rules apply to a dwelling you sometimes rent out as short-stay accommodation (eg, through Airbnb, Bookabach and Holiday Houses) and sometimes use privately.QB 19/09: Can I register for GST if I supply short-stay accommodation to guests in my home or holiday home?
This 'Question We've Been Asked' (QWBA) explains whether hosts who provide short-stay accommodation in their house or property can register for GST. This QWBA is part of a series of items dealing with common issues encountered by those listing properties through peer-to-peer websites (eg, Airbnb, Bookabach and Holiday Houses).SPS 19/03: Income equalisation deposits and refunds
This Statement applies from 4 April 2019 and replaces SPS 17/01 Income equalisation deposits and refunds issued in August 2017. The Statement applies to income equalisation deposits and refunds made under: the main income equalisation scheme (under ss EH 3 to EH 36), and the thinning operations income equalisation scheme (under ss EH 63 to EH 79).SPS 19/04: Late Filing Penalties
This Statement sets out the Commissioner's practice for imposing late filing penalties under section 139A and 139AAA of the Tax Administration Act 1994 (TAA).DET 19/01: Standard-cost household service for private boarding service providers
This Determination rescinds and replaces Determination 05/03: Standard-Cost Household Service for Boarding Service Providers (DET 05/03) and applies from the start of the 2019-20 income year.DET 19/02: Standard-cost household service for short-stay accommodation providers (21 May 2019)
This Determination may be relevant to taxpayers who provide short-stay accommodation services in their home, if they do not rent out rooms for more than 100 nights in the yearNational Average Market Values of Specified Livestock Determination 2019
Section EC 15 of the Income Tax Act 2007 (the Act) requires the Commissioner of Inland Revenue (CIR) to make a determination declaring the national average market values (NAMV) of certain types and classes of livestock. This determination is published in May each year.2019 Kilometre rates for business use of motor vehicles
The Commissioner is required to set and publish kilometre rates in accordance with section DE 12(4) of the Income Tax Act 2007, that can be used to calculate the expenditure or loss on the proportion of business use of a motor vehicle, based on the total kilometres travelled.2019 Square metre Rate
The Commissioner is required to set and publish square metre rates in accordance with section DB 18AA(5) of the Income Tax Act 2007, that can be used to calculate the expenditure on the proportion of business use of a building that is used partly for business and other purposes.High Court clarifies that the insuring of an identified risk is not a financial service and the premia paid are not exempt from tax pursuant to ss 3(1)(h) and 3(1)(l) of the Goods and Services Tax Act 1985
The Court found that the premia paid in insurance policies where the policy covers an identified risk for a borrower's loan repayments on the occurrence of a specified insured event, or a policy which covers the difference between the total loss-pay out received from a motor vehicle insurer and any outstanding loan where a car is written off, were not exempt from tax under the financial services exemption