Issued
2019

Volumes 21-30

Completed reviews of Public Information Bulletins vol 21-30 (1965 to 1966).

PIB Volume 21, April 1965

The following items have no current application and will not be republished:

Page 4

Refunds of tax overpaid

Page 5

UK pensioners resident in NZ - tax position

Page 7

Gift by voluntary release or reduction of a debt

Page 8

Tax on know-how and royalties

Page 11

More about the fertiliser and lime incentive

Page 12

Up to date position of losses now given

Page 13

Additional depreciation allowances

The following item has been updated and republished:

Page 10

Allowances on covered stock yard
as QB 12/05: Income tax - deductibility of expenditure on stock yards and in Tax Information Bulletin Vol 24, No 4, May 2012

This volume included commentary relating to the following legislation:

Page 2

Land and Income Tax Amendment Act 1965 (farm equalisation scheme)

Page 6

Land and Income Tax Amendment Act 1964 (absentee pensioners)

 

PIB Volume 22, May 1965

The following items have no current application and will not be republished:

Page 2

Gifts of interest in farm property - position on subsequent death of donor

Page 4

Bonus Share Issue In Conzinc Riotinto Of Australia Limited Exempt From New Zealand Tax

Page 5

Wages Between Husband And Wife Position When "Credited In Account"

Page 5

Residence Used For Business Purposes - Allowance Extended

Page 9

Deduction For Tuition Fees

Page 9

Recovery Of Developmental Expenditure - Compulsory Acquisition Of Land

Page 10

Accounting For Tax Deductions When Salary Paid Annually

The following item has been updated and republished:

Page 9

Inlet Race To Milking Shed, Renewed And Extended
as QB 12/01: Income tax - deductibility of expenditure on replacing and extending an inlet race to a dairy shed and in Tax Information Bulletin Vol 24, No 2, March 2012

 

PIB Volume 23, June 1965

The following items have no current application and will not be republished

Page 8

A Simpler Way To File Accounts In Small Estates

Page 9

How Trust Income Is Taxed

Page 9

More Shareholder Employees Now Qualify In Superannuation Schemes

Page 10

Should You Deduct Tax From Payments To Contractors?

The following items are still under review:

Page 7

Apportionment Of Investment Income On Death - Position Explained

This volume included commentary relating to the following legislation:

Page 2

Land and Income Tax Amendment Act 1965 (budget proposals)

 

PIB Volume 24, July 1965

The following items have no current application and will not be republished:

Page 4 

Farm development expenditure

Page 6

Standard value system

Page 10

Farmers may claim wages paid to wife

Page 11

Farm forestry

 

PIB Volume 25, August 1965

The following items have no current application and will not be republished:

Page 3

How To Work Out Tax On Holiday Pay

Page 10

Tax relief for farmers when livestock sold not available in some cases

The following items have been updated and republished:

Page 11

Some farm employees living in remote areas not to pay tax on school boarding allowances, as part of QB 18/13 Income tax - what is the tax treatment of allowances paid and benefits provided to farm workers?

Page 7

Allowances To Farm Employees - Tax Position Explained, as part of QB 18/13 Income tax - what is the tax treatment of allowances paid and benefits provided to farm workers?

 

PIB Volume 26, September 1965

The following items have no current application and will not be republished

Page 2

Incentives For The Fishing Industry

Page 3

Depreciation Allowances On Inner Fixtures In Buildings

This volume included commentary relating to the following legislation:

Page 5

Land and Income Tax Amendment Act 1965

Page 11

Land and Income Tax (Annual) Act 1965

Page 12

Estate and Gift Duties Amendment Act 1965

Page 13

Stamp Duties Amendment Act 1965

 

PIB Volume 27, October 1965

The following items have no current application and will not be republished:

Page 2

Help For Part Time Workers - Special Tax Code Available If Tax Rate Too High

Page 3

Raising Money To Buy Business Assets - Costs Now Allowed

This volume included commentary relating to the following legislation:

Page 4

Land and Income Tax Amendment Act 1965 (mining)

 

PIB Volume 28, December 1965

The following items have no current application and will not be republished:

Page 2

More money mining

Page 3

"Illegal" Income Is Taxable

Page 4

Tax Office Pays

Page 5

Some Costs Allowable - Decimal Currency Machine Conversion

Page 6

No tax on income from some boarders

This volume included commentary relating to the following legislation:

Page 7 

Land and Income Tax Amendment Act (No. 2) 1965

 

PIB Volume 29, February 1966

The following items have no current application and will not be republished:

Page 2

Advice on hypothetical and uncompleted transactions

Page 5

Non-resident companies - withholding tax and head office changes

Page 6

Joint Family Homes - How To Show Value In Estate Accounts

Page 7

Wife worked part time

The following items have been updated and republished:

Page 7

Value of produce used
as QB 14/01: Income tax - adjustments for trading stock (including raw materials) taken for own use or consumption and in Tax Information Bulletin Vol 26, No 3, April 2014

Page 7

Wages paid to son during holidays
as QB 14/09: Income tax - Meaning of 'excessive remuneration' and 'excessive profits or losses' paid or allocated to relatives, partners, shareholders or directors and in Tax Information Bulletin Vol 26, No 9, October 2014

Page 4

Withholding tax and payments to overseas beneficiaries, as part of IS 18/01 Taxation of trusts - income tax (paras [13.53] to [13.61])

 

PIB Volume 30, March 1966

The following items have no current application and will not be republished:

Page 6

Initial depreciation on own-your - own accommodation for employees

Page 6

Early withdrawals from farm income equalisation scheme

Page 7

Non-profit-making bodies - no tax returns in some cases

Page 7 NRWT - stockbrokers can get early refunds