The Master Tax Guide, New Zealand’s most popular tax handbook, contains practical examples and concise summaries of legislation, cases and IRD rulings and statements affecting the 2012/2013 and future tax years. The commentary is concise and easy to read.
Recent legislative changes covered include:
- amendments to the thin capitalization rules
- introduction of new rules around non-portfolio FIF interests and consequential amendments to the FIF income calculation methods
- new motor vehicle mileage rates
- changes to livestock elections
- changes to the student loan scheme
- changes to child support and WFF tax credits
- proposed changes to the taxation of lease inducement payments
- proposed changes to the tax treatment of salary trade-offs.
The new edition includes discussion of various proposals introduced under the Taxation (Livestock Valuation, Assets Expenditure and Remedial Matters) Bill, including:
- proposed mixed use asset rules
- new calculation methods for some foreign currency hedges
- GST changes, including a new zero-rating rule
- further livestock valuation changes.
Product Includes:
As well as the comprehensive guidebook, you also receive:
- a free copy of New Zealand Depreciation Rates
- a free eBook version of the New Zealand Master Tax Guide.
