Articles tagged with 'IRD'
Reminder to check property tax status
18 May 2023 - Inland Revenue is reminding people thinking about selling a residential property to make sure they know their tax obligations.
Income protection: Why taxable losses are not the right advice
3 August 2021 - Frankly, there are only two reasons loss of earnings, agreed or indemnity, is sold over agreed value - the commission is more, and the work required is less than doing non-taxable agreed.
IRD to fork out $6.6 million for KiwiSaver pay delay
22 February 2021 - After delays due to a move to a new technology platform, the IRD are having to compensate many KiwiSaver accounts to the tune of $6.6 million.
COMMENT: Property investment tax advantages
15 October 2020 - Public opinion has it that there’s lots of tax advantages with property investment. But property accountant Anthony Appleton-Tattersall* is asking people to let him know if they see any, as he hasn’t found them yet.
IRD offers guidance on cryptoassets
9 September 2020 - Inland Revenue is providing tax guidance for investors who earn money from cryptoassets.
Inland Revenue outlines GST plan
25 February 2020 - Inland Revenue wants to introduce special rules for determining the GST treatment of fund manager and investment manager services.
New, higher rate on interest and dividend tax
19 February 2020 - From April 2020, taxpayers will be hit with a 45% "non-declaration rate" on interest and dividends if they fail to give the interest payer their...
New ring-fencing rules in play
11 October 2019 - Landlords - don’t forget about the Government’s changes to the rules around the ring-fencing of rental losses as they are now in force, Inland Revenue is warning.
Resimac takes on data entry for advisers; IRD eyes property flippers
20 June 2019 - No rate changes today. In adviser news, non-bank lender Resimac is taking on some of the arduous data entry work on adviser applications to speed up the...
IRD seeks feedback on fees
4 November 2015 - IRD says it has reached an initial view that fund management fees should be GST-free – which could make life harder for some managers. The department...
Options discussed to improve KiwiSaver
15 July 2015 - A number of simple steps could dramatically improve the financial wellbeing of KiwiSaver members if there was industry collaboration to implement them, investor education workshops have been told.
KiwiSaver schemes lose QROPS status
12 May 2015 - IRD is in talks with its counterpart in Britain after moves that have meant New Zealand KiwiSaver schemes can no longer accept British pension transfers without penalty.