Claim OwnershipThe Week In Tax
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Tax changes how business and people live and work. Each week we discuss tax news and how it affects you. Tax is an important policy lever for Government and cross-border tax for global corporations is an issue for Tax and Fairness.
287 Episodes
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This week the Government releases a “refreshed” Tax and Social Policy Work Programme and Inland Revenue’s updated draft interpretation statement on the deductibility of repairs and maintenance expenditure has a controversial take on the treatment of leaky buildings.
My guest this week is David Tzimenakis co-founder of the US Tax Team, an Auckland-based firm providing American tax services primarily to American citizens living here in New Zealand. We discuss the complex issues involved with United States taxation of New Zealand residents and his initial thoughts on the proposed Foreign Investment Fund Revenue Account Method.
This week an important decision regarding the taxation of cryptoassets, Inland Revenue’s crackdown on debt continues., a new report from Tax Justice Aotearoa on the taxation of capital gains in the OECD and comparable nations and the Governments new job seekers policy results in an effective marginal tax rate of 1,394,200%
This week raising the rate of GST to 32% and the age of entitlement for New Zealand Superannuation to 72 are two of the more eye-catching suggestions in Treasury’s latest statement on the country’s long-term fiscal position, the income tax implications of providing sponsorship & changes to Family Boost take effect
My guest this week is John Cuthbertson FCA from Chartered Accountants Australia and New Zealand (CAANZ) and head of CAANZ's tax team.
We discussed CAANZ’s public advocacy role, the Generic Tax Policy Process, the Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures) Bill and how CAANZ would go about submitting on it.
This week the OECD releases its Tax Policy Reforms 2025 report, happy 40th Anniversary to Australia’s CGT, what does the public think about CGT and an international expert gives his view on the challenges facing our tax system.
This week more on the Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures) Bill and last week’s NZLS Tax Conference, "Big Tech, Little Tax" a report on tax minimisation in the technology sector highlights the low income tax bills of companies such as Amazon and Google, and how do tax agents rate Inland Revenue's performance?
Tthe recently released Taxation (Annual Rates for 2025−26, Compliance Simplification, and Remedial Measures) Bill is noteworthy for as much as what’s not included and do we really need a comprehensive capital gains tax, a provocative highlight from the New Zealand Law Society’s 2025 tax Conference.
My guest this week is Casey Plunket formerly of Inland Revenue NZ after 25 years as a tax partner in major law firms. Casey is now off to Paris to work at the OECD.We discussed Casey's career, what prompted his move to Inland Revenue and his reflections on the state of the New Zealand system and the tax landscape here in New Zealand.
My guest this week is Angus Ogilvie, Managing Director of Auckland based Generate Accounting and also the chair of accounting body CPA Australia's New Zealand Tax Committee. Angus joins me to discuss Inland Revenue’s long-term insights briefing Stable bases and flexible rates: New Zealand’s tax system
This week rising overdue tax debt reveals inconsistencies in Inland Revenue’s management of the issue, could a capital gains tax help solve the house-price affordability crisis? And how many taxpayers are reporting overseas income?
This week how Australian capital gains tax can apply to the sale of a New Zealand property, CPA Australia suggests it’s time to consider a capital gains tax, more on effective marginal tax rates and the meaning of 'payment' for GST purposes.
How a family earning under $60,000 can face an effective marginal tax rate of 71.2%, the Green Party and the Taxpayer's Union agree on a tax change and Inland Revenue updates its guidance on when a taxpayer is carrying on a "business" for income tax purposes.
This week, Sir Roger Douglas enters the chat on the future shape of New Zealand’s tax system, the pros and cons of raising GST to 18%, the first ever sentencing for possession of tax evasion tools and a useful technical decision summary on payments to non-resident contractors.
The Finance Minister eyes up the major banks for a tax increase, announces changes to the FamilyBoost scheme, Inland Revenue releases submissions on the taxation of not-for-proftis and a major report on climate adaptation ducks a key issue.
This week, Inland Revenue’s draft long-term insights briefing goes out for consultation, have the G7 killed off Pillar Two and is it time for a major rethink of the Student Loan scheme?
John Cantin and I discuss Inland Revenue's recent trust disclosures post-implementation review and John's independent review of the trust disclosure regime. What are the purposes of such reviews and what John found surprising.
This week Inland Revenue reminds everyone that twin-cab utes are subject to FBT
The results of a clampdown on the horticultural sector
A damning new report from the IMF highlights New Zealand's low productivity growth is this a by-product of not taxing capital? And is the era of supply side economics over.
Why the Government backed away from charities taxation reform, the latest Rich List re-ignites the wealth tax debate, Inland Revenue’s new kilometre rates for the 2025 tax year have a surprise and how long does it take Inland Revenue to answer the phone?
This week more on the Budget announcements, including concerns from the former independent advisor to the last Tax Working Group about the efficacy of the Investment Boost initiative, how Inland Revenue will use its additional funding and the Digital Services Tax is dead but what takes its place?
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