GST: A Practical Guide, 10th Edition

Author: Alastair McKenzie
Publisher: CCH New Zealand
ISBN: 9781775471219
Published In: April 2017
Format: Paperback
Jurisdiction: New Zealand ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

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Author

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Alastair McKenzie’s GST — A Practical Guide is widely considered to be the authoritative New Zealand text on goods and services tax. In addition to covering the broad framework and operation of GST in New Zealand, the book provides in-depth coverage of special problem areas and contentious issues regarding the application of the Goods and Services Tax Act 1985.

The first part of the book sets out the broad framework and operation of GST in New Zealand.
The second part provides in-depth coverage of difficult and contentious issues regarding the application of the Goods and Services Tax Act 1985. Topics tackled include: mortgagee sales, hire purchase, barter, nominations and assignments, discounts and refunds, rental properties, insurance, adjustments for mixed-use assets and periodic payments.

Topics covered include:

charging GST
zero-rated supplies
exempt supplies
supply, time and value
special cases
registration
administration
returns and payment
accounting basis
calculation of tax payable
documentation
specific transactions.

The new edition has been comprehensively updated and includes:

changes to the law allowing bodies corporate to become GSTregistered
new rules imposing GST on remote services supplied by non residents
the regime allowing non-residents to register for and claim back GST, and
the GST rules that apply to mixed-use assets.

The text is fully updated to include all case law and Inland Revenuerulings and statements released since the publication of the ninthedition in 2012.

New commentary on legal services

The tenth edition contains new commentary dealing extensively with legal services and the associated GST issues that have arisen in practice. Specific topics include agency issues, zero rating, conveyancing and professional liability/indemnity.

Alastair McKenzie, BA, LLB (Hons) has been the author ofGST— A Practical Guide since its inception and is consultant editor of the CCH loose-leaf service New Zealand Goods and Services Tax Guide. He provides GST consulting services to a select number of tax professionals. Alastair has previously been a part-time lecturer in the Master of Taxation Studies degree at the University of Auckland, a part-time lecturer in the Master of Business (Tax) programme at the Auckland University of Technology and a columnist on GST for the Chartered Accountant Journal.