CPI 09/01
Issued
09 Mar 2009

CPI Adjustment - CPI for Determination DET - 05/03: Standard-cost household service for boarding service providers (March 09)

CPI Adjustment - CPI 09/01 (2009) for Determination DET 05/03: Standard-cost household service for boarding service providers.

In accordance with the provisions of Determination DET-05/03, as published in Tax Information Bulletin Vol 17, No 10 (December 2005), Inland Revenue advises that the weekly standard-cost component for the 2009 income year, is retrospectively adjusted as follows:

  1. The weekly standard-cost for one to two boarders will increase from $220 each to $227 each.
  2. The weekly standard-cost for third and subsequent number of boarders will increase from $179 each to $185 each.

The above amounts have been adjusted in accordance with the annual movement of the All Groups Consumers Price Index for the twelve months to March 2009, which showed an increase of 3.0%. For boarding service providers who have a standard 31 March balance date, the new amounts apply for the period from 1 April 2008 to 31 March 2009.