Issued
2019

Volumes 11-20

List of completed PIB reviews from volumes 11 to 20, June 1964 to March 1965.

PIB Volume 11, June 1964
The following items have no current application and will not be republished:
Page 3 It pays for your wife to keep working after her income reaches £156
Page 4 Are proceeds from life policy taken out by employer part of employee's estate
Page 6 Returning overseas income for New Zealand tax purposes - alternative arrangement offered to taxpayers
Page 8 Farm development expenditure - New options for farmers
Page 9 Wife's income for wife exemption purposes
Page 9 Increased exports
Page 9 Scientific research equipment
Page 9 Donations and school fees
Page 9 Deduction for increased cost of fertiliser and lime purchased and applied in 1964 accounting year
Page 10 Gift duty
Page 10 Farm development expenditure
The following items are still under review:
Page 5 Assessment of beneficiary direct (section 155A) - simplified procedure for trustees

 

PIB Volume 12, July 1964
The following items have no current application and will not be republished:
Page 3 Regular overseas travel: a new approach (superseded interpretatively by Interpretation Statement IS 08/02: Deductibility of feasibility expenditure Tax Information Bulletin Vol 20, No 6 (July 2008))
Guidance on information needed to support a claim for overseas travel expenses is available in Smart business (IR320)
Page 4 Incidental travel costs qualify for additional 50% deduction for export market development
Page 5 Broader interpretation - Remuneration to shareholders in proprietary companies
Page 7 Additional deduction for fertiliser and lime when a farmer forms a company
Page 7 Travelling between two places of business - position explained
Page 10 How to get advice on incomplete or hypothetical transactions
Page 13 Increased exports
Page 13 Depreciation claim
Page 13 Compensation for TB condemned cattle
Page 13 Spreading the cost of fertiliser and lime
The following items are still under review:
Page 8 Calculating the fair rental value of a company dwelling occupied by a shareholder employee

 

PIB Volume 13, August 1964
The following items have no current application and will not be republished:
Page 2 Tax on secondary income
Page 3 Special tax code certificate for age beneficiaries in part time jobs
Page 6 How to work out the investment allowance on new plant and machinery
Page 6 Depreciation allowance on assets destroyed
Page 7 No tax on proceeds from working bees
Page 7 More about remuneration to shareholders
Page 8 Export market development expenditure
Page 8 Church donations and wife's name
This volume included commentary relating to the following legislation:
Page 4 Estate and Gift Duties Amendment Act 1964

 

PIB Volume 14, September 1964
The following items have no current application and will not be republished:
Page 4 Help for students from Cook Islands, Niue, Western Samoa
Page 5 Subscriptions and donations
Page 6 Deductions for farmers
Page 7 Drought relief for farmers
Page 8 Estimated credit for tax on overseas income now accepted for provisional tax calculation
Page 8 Reviewing past rulings - Commissioner will stand by decisions
Page 8 Accommodation provided for shoemaker may qualify for initial depreciation
Page 9 Special and initial depreciation
Page 9 Provisional tax - section 103A drought relief

 

PIB Volume 15, October 1964
The following items have no current application and will not be republished:
Page 2 Public relations
Page 3 Depreciation recovered and offset against cost of replacement asset
Page 3 Tax allowance for fees to children's play centres
Page 4 Tax on pensions
Page 6 Provisional tax - how it works
Page 7 Farm deduction for cost of fertiliser storage bins
Page 8 Income from personal effort
Page 9 Depreciation allowed on dwelling used for business purposes
Page 11 Depreciation allowances
Page 12 Cost of transporting employees' children to school
Page 12 Export incentive allowance - s 129B
Page 14 Cost of replacing protective clothing now allowable

 

PIB Volume 16, December 1964
This volume included commentary relating to the following legislation:
Page 4 Land and Income Tax Amendment Act 1964
Page 22 Land and Income Tax (Annual) (No 2) Act 1964
Page 23 Estate and Gift Duties Amendment Act 1964
Page 25 Stamp Duties Amendment Act 1964

 

PIB Volume 17, January 1965
The following items have no current application and will not be republished:
Page 2 What is the Commissioner's discretion?
Page 5 Aircraft used to produce income
Page 6 Facts about withholding tax on non-residents
Page 9 Tax on school children's earnings
Page 9 New options for farmers
Page 12 Valuation of furniture and effects for estate duty purpose
Page 13 Adjustment when incorrect rate of depreciation previously claimed
Page 14 Prior approval not now required to increase standard value of livestock

 

PIB Volume 19, February 1965
The following items have no current application and will not be republished:
Page 2 Are you interested in a business on the West Coast
Page 6 Drought relief for Otago farmers
Page 7 Special exemption now allowed to taxpayers who care for wards of the state
Page 7 Double entry accounts not required for depreciation on contents of a dwelling
Page 8 Farm development expenditure and the farming estate
Page 11 Do you get income from an “own-your-own” flat or office?
The following item has been updated and republished:
Page 9 How allowances received by farm employees are taxed, as part of QB 18/13 Income tax - what is the tax treatment of allowances and benefits provided to farm workers?

 

PIB Volume 20, March 1965
The following items have no current application and will not be republished:
Page 2 Know-how payments and royalties
Page 10 Bonus distribution by holding company can be tax free to its shareholders
Page 12 Fertiliser and lime incentive
Page 12 Tax free distributions
Page 12 Non-resident companies
Page 13 Workers' compensation and tax deductions
Page 13 Cost of fertiliser and lime for calculation of additional deduction
Page 13 Increased tax of 5% on income of non-resident company
Page 14 Section 17 - section 203ZA
The following item has been updated and republished:
Page 11

Expenses allowable to farmers who convert to tanker collection
as QB 12/03: Income tax - deductibility of expenditure on cattle stops and QB 12/04: Income tax - deductibility of expenditure on widening or metalling a farm access road or track and in Tax Information Bulletin Vol 24, No 4 March 2012

This volume included commentary relating to the following legislation:
Page 15 Land and Income Tax Amendment Act 1964 (royalties, interest, and dividends paid)
Page 17 The Income Tax (Export Incentive) Order 1965