TIB - December 1992

New Tax Legislation

• Income Tax Amendment Act (No.5) 1992 Gaming Duties Amendment Act (No.2) 1992
• Stamp and Cheque Duties Amendment Act (No.4) 1992
• Estate and Gift Duties Amendment Act (No.2) 1992

Policy Statements

• Share losses - deductions
• Hire purchase agreements - when to return income
• Objecting to assessments
• Interest on qualifying tax in dispute
• Depreciation on second-hand assets
• GST and suspensory loans
• Companies in receivership or liquidation - RWT exemption certificates

Questions we've been asked

• Income Tax Act 1976 
• Goods and Services Tax Act 1985