CPI 10/02
Issued
2010

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

CPI Adjustment- CPI 10/02 (2010) 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 2010 income year, is retrospectively adjusted as follows:

  1. The weekly standard-cost for one to two boarders will increase from $227 each to $232 each.
  2. The weekly standard-cost for third and subsequent number of boarders will increase from $185 each to $189 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 2010, which showed an increase of 2.0%. For boarding service providers who have a standard 31 March balance date, the new amounts apply for the period from 1 April 2009 to 31 March 2010.