by Munro Benge | Aug 28, 2019 | GST, Newsletters
In New Zealand, goods and services tax (GST) is added to the price of most products and services. If your business is GST registered, you collect GST from customers (by adding 15% to your sale price) and you pay this to the government, less any GST that your business...
by Munro Benge | Dec 6, 2018 | GST, Property, Technical Updates, Trusts
On 5 December 2018, the Government introduced the Taxation (Annual Rates for 2019–20, GST Offshore Supplier Registration, and Remedial Matters) Bill (114-1) into Parliament. The Bill is expected to have its first reading on 12 December 2018. The Bill introduces...
by Munro Benge | Nov 22, 2018 | GST, Technical Updates
The High Court has dismissed an appeal against conviction and sentence imposed by the District Court. The Court found that there was no miscarriage of justice in relation to the convictions and that the sentence imposed was not manifestly excessive. The background The...
by Munro Benge | Oct 29, 2018 | GST, Technical Updates, Trusts
The High Court has struck out a Trust’s application for judicial review of decisions by the Commissioner and Taxation Review Authority (TRA) for lack of jurisdiction. The Court found that there was no jurisdiction because the Trust’s application for review did not...
by Munro Benge | Oct 11, 2018 | GST, Technical Updates
In a test case involving stakes payments in the racing industry, the High Court has held that the Canterbury Jockey Club Inc (the Club) was entitled to GST input tax deductions for stakes payments paid to GST-registered trainers and jockeys in horse races conducted by...
by Munro Benge | Sep 12, 2018 | GST, Technical Updates
The Taxation Review Authority (TRA) has dismissed a taxpayer’s challenge and confirmed the Commissioner’s assessments relating to PAYE obligations and income tax and GST liabilities. The background Between 1972 and 1994, the taxpayer was a sole trader trading as XYZ....
