Barney Cumberland - Simpson Grierson

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FYI: Tax – Post-Election Tax Stock-Take

12 Dec 2011

With the election behind us, it is timely to review what will (and what will not) be happening on the tax policy front in the short and medium term...

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FYI: Tax – Penny & Hooper - The Fallout

17 Oct 2011

You have probably seen or heard media coverage of the Supreme Court's recent decision in Penny & Hooper v CIR. It has had a lot more media airplay than the average tax avoidance case...

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FYI: Tax – Goodbye LAQC, Hello LTC

21 Feb 2011

If you conduct business or invest through a qualifying company or loss-attributing qualifying company, there are significant law changes coming into force on 1 April 2011 that will impact on your structure...

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FYI: Tax Update – Benefits in Proposed GST Changes

24 Sep 2010

Proposed GST changes will be beneficial for many businesses. The proposals, in a Bill currently at the Select Committee stage, aim to tidy up a number of areas that have created compliance issues for taxpayers as well as revenue risk for Inland Revenue...

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FYI: Tax Update – The GST increase - phasing in the new 15% rate

18 Jul 2010

Suppose your contract provides a GST-inclusive price for goods you supply...

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FYI: Tax Update

Suppose your contract provides a GST-inclusive price for goods you supply. Can you pass on the GST increase to your customer, by raising the price? Or must you absorb the rise? Transitional issues like these will arise when the standard rate for GST increases from 12.5% to 15% from 1 October 2010...