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A special tax code allows your employer to deduct PAYE at a lower amount, effectively paying you your tax refund during the year in each pay you receive. Are you receiving a salary or wage? Do you have investment property that generates tax losses? Do..

In March 2013 I wrote a blog about the heavy handedness of the IRD, and that their tactics were the leading cause of bankruptcy in New Zealand. At GRA we have noticed that these tactics are getting markedly worse, and we are seeing significantly more..

On 1 April 2009 the Government introduced a new tax credit - the independent earner tax credit or IETC. The IETC will, from 1 April 2009, deliver $10 per week to individuals who earn between $24,000 and $44,000 and who do not receive a benefit,..

The IRD have introduced new regulations that allow the Commissioner to disclose information about a taxpayer’s tax debts to approved credit reporting agencies if certain preconditions are met. (These new regulations are found in section 85N of the Tax Administration Act.) One of these preconditions..

Recently the IRD were given extra funds under the NZ Budget with a view to spending those funds, sourcing resources, to be applied (in particular) to reviewing land transactions. Extra resources must mean the chances of land transactions being reviewed will increase..  .

In the past day I have had a number of clients ring me in a panic saying that the IRD have texted to tell them that they owed money for unpaid tax and offering a link to enable the payment. I have advised them to..

As part of the increase in the top individual tax rate to 39%, the government has brought in the requirement to provide Inland Revenue more information in your trust tax returns. This applies from the 2022 tax year onwards. They have done this to ensure..

Thanks to COVID-19, we are in a rapidly changing environment. Lockdown commenced on the 26th of March. It is quite possibly a two-month lock down, but that is conjecture. We are in the “initial 4-week period”.The Government is putting things in place to help the..

I have some great news to share with you that will help you make headway with protecting your property investments and making sure you pay the least amount of tax, legally of course.  After many months of working day and night, my new book 'Tax Structures..