Volumes 31-40
Completed reviews of Public Information Bulletins vol 31-40 (1966 to 1967).
| PIB Volume 31, April 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 5 | More about tax relief on retirement from farming |
| Page 6 | Higher depreciation on assets used in special conditions |
| Page 7 | Maximum exemption for life insurance and superannuation payments |
| Page 7 | Initial depreciation on secondhand own-your-own accommodation for employees |
| Page 7 | Stamp duty on buying a home |
| Page 7 | Profits from building societies |
| PIB Volume 32, May 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 4 | Some research fellowships are tax free |
| Page 6 | Investment allowance for West Coast South Island extended |
| Page 8 | Provisional tax |
| Page 8 | Universal superannuation and provisional tax |
| Page 9 | How to apportion expenditure on income producing buildings |
| The following items have been updated and republished: | |
| Page 7 | More deductions for costs of educating employees' children in remote areas, as part of QB 18/13 Income tax – what is the tax treatment of allowances paid and benefits provided to farm workers? |
| Page 8 | Withholding tax on annuities paid to overseas beneficiaries, as part of IS 18/01 Taxation of trusts – income tax (paras [13.53] to [13.61]) |
| PIB Volume 33, June 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 7 | Purpose of loan decides if interest deductible |
| Page 7 | Formal share transfers are not always needed |
| Page 9 | Cleaning contract payments are liable to withholding tax |
| Page 11 | Two jobs - one return |
| Page 11 | Separate returns for husband and wife |
| Page 11 | Housekeeper employed to look after children |
| This volume included commentary relating to the following legislation: | |
| Page 3 | Land and Income Tax Amendment Act 1966 (budget proposals) |
| PIB Volume 34, July 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 6 | Higher depreciation rate on some farm buildings |
| Page 7 | More deductions for development expenditure |
| Page 9 | How back pay from a wage increase is taxed |
| Page 11 | Wife and housekeeper exemption in same year |
| Page 11 | Tax on wages for cleaning jobs |
| PIB Volume 35, August 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 5 | No gift duty on some gifts |
| Page 6 | Farm planning and the farm income equalisation scheme |
| Page 7 | How profit or loss by companies on short term money market dealings is taxed |
| Page 8 | How to plan easier payment of provisional tax |
| Page 8 | Companies mining diatomite |
| Page 9 | More liberal spread for special depreciation |
| Page 10 | Tax codes for school children |
| Page 10 | How to show a retiring allowance in a tax deduction certificate |
| Page 10 | Schoolteacher working in school holidays |
| PIB Volume 36, October 1966 | |
|---|---|
| This volume included commentary relating to the following legislation: | |
| Page 6 | Land and Income Tax (Annual) Act 1966 |
| Page 6 | Land and Income Tax Amendment Act 1966 |
| Page 12 | Estate and Gift Duties Amendment Act 1966 |
| Page 12 | Stamp Duties Amendment Act 1966 |
| PIB Volume 37, November 1966 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 4 | Holiday workers level out your tax with a special tax code certificate |
| Page 5 | How to tax holiday pay |
| Page 6 | No tax on jurors' expenses - how jurors' fees are taxed |
| Page 7 | Hints about PAYE for the farmer who employs a shearing contractor |
| Page 9 | How discretionary trusts are taxed |
| Page 10 | Company donations to general research |
| Page 11 | Livestock relief for farmers on new farms |
| Page 11 | Higher depreciation rate on milking sheds |
| Page 12 | Depreciation recovered and distributed to shareholders on sale of buildings is a dividend |
| The following item has been updated and republished: | |
| Page 12 | Early withdrawals from equalisation reserve fund for urgent building, in standard practice statement SPS 19/03: Income equalisation deposits and refunds |
| The following item has been replaced: | |
| Page 6 | When to return director's fees. Withdrawn and replaced by IS 16/06: Income tax - timing - when is income from professional services derived? |
| PIB Volume 38, February 1967 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 6 | NRWT cut on some royalties paid to UK owners |
| Page 7 | Extra tax exemption for some widows and widowers with dependent children |
| Page 8 | Signing share transfers |
| Page 8 | Fruit picking in spare time |
| PIB Volume 39, March/April 1967 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 6 | Avoidance of double tax - how new NZ-UK agreement works |
| Page 13 | Regular pay period straddles 31 March 1967 how earnings should be shown in tax deduction certificates |
| Page 16 | Estate duty |
| Page 16 | Casual fruit pickers employed by a contractor |
| Page 16 | Export market development expenditure |
| This volume did not include any legislative commentary. | |
| PIB Volume 40, May/June 1967 | |
|---|---|
| The following items have no current application and will not be republished: | |
| Page 3 | Salary and wage earners - remember to claim for union fees and subscriptions |
| Page 4 | Minister's statement - Some tax incentives extended |
| Page 5 | Companies mining Sodium Chloride (common salt) |
| Page 7 | Wages paid to wife |
| Page 9 | Changes in the farm income equalisation scheme |
| Page 10 | Expenses you may claim when leasing a business asset |
| Page 12 | Dividends from the UK |
| Page 14 | Employee changes tax code during the year |
| Page 14 | Endorsement on dividend warrants about social security charge not needed now |
| Page 14 | Dividend warrants instead of certificate IR202 |
| Page 15 | Company donations to general and scientific research |
| The following item has been updated and republished: | |
| Page 9 | Allowances for shepherds, musterers and drovers, as part of QB 18/13 Income tax – what is the tax treatment of allowances paid and benefits provided to farm workers? |