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New Zealand News




New Zealand Updates Virtual Currency Tax Guidance

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, September 16, 2020

New Zealand's Inland Revenue on September 7, 2020, announced the release of updated guidance on the tax treatment of crypto-assets in New Zealand, including virtual currencies. Read Full Story

 


New Zealand Explains Latest COVID-19 Tax Reliefs

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, August 18, 2020

New Zealand's Inland Revenue Department has released a special report explaining in detail the tax relief measures in the COVID-19 Response (Further Management Measures) Legislation Act (No 2) 2020. Read Full Story

 


COVID-19: New Zealand To Waive Individual Tax Bills Up To NZD200

by Mary Swire, Tax-News.com, Hong Kong

Thursday, June 25, 2020

The New Zealand Government has announced that it will provide tax relief for low-income earners by waiving nominal tax debts. Read Full Story

 


No New Tax Announcements In New Zealand's 2020 Budget

by Mary Swire, Tax-News.com, Hong Kong

Thursday, May 28, 2020

New Zealand's new 2020 Budget, announced on May 14, highlighted recently enacted tax measures and announced the creation of a new NZD50bn COVID-19 Response and Recovery Fund. Read Full Story

 


OECD Releases Taxing Wages 2020 Report

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 15, 2020

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019. Read Full Story

 


COVID-19: New Zealand Legislates For New Loss Carryback Regime

by Mary Swire, Tax-News.com, Hong Kong

Friday, May 15, 2020

New Zealand's parliament has endorsed the COVID-19 Response (Taxation and Other Regulatory Urgent Measures) Bill, a second taxation Bill in response to COVID-19. The Bill received Royal Assent on April 30, 2020. Read Full Story

 


New Zealand Issues COVID-19 Guidance For Businesses

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, April 15, 2020

New Zealand's Inland Revenue Department has set out the range of supports available to businesses in response to the impact of COVID-19. Read Full Story

 


New Zealand Enacts COVID-19 Support Bill

by Mary Swire, Tax-News.com, Hong Kong

Monday, March 30, 2020

New Zealand has enacted The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill to support businesses and individuals cope with the COVID-19 outbreak. Read Full Story

 


New Zealand Proposing GST Exemption For Crypto-Assets

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 17, 2020

New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime. Read Full Story

 


New Zealand Announces New Rules For Tax Operating Leases

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, December 31, 2019

The New Zealand Government has agreed to proposed changes that would allow taxpayers who apply the New Zealand Equivalent to International Financial Reporting Standard 16 Leases (IFRS 16) to follow their accounting treatment to claim tax deductions on certain leases that are classified as tax operating leases. Read Full Story

 

 

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