TIB - February 2007

Legislation and determinations

• Tax depreciation rates general depreciation determination DEP60

New legislation

• Kiwisaver Act 2006
  • Part 1: Preliminary provisions
  • Part 2: Membership of KiwiSaver
    • Subpart 1 – Becoming members of KiwiSaver
    • Subpart 2 – Allocating people to KiwiSaver schemes
    • Subpart 3 – Transfers between KiwiSaver schemes
  • Part 3: KiwiSaver contributions
    • Subpart 1 – Deductions of contributions from salary or wages
    • Subpart 2 – Miscellaneous provisions relating to contributions
    • Subpart 3 – Contributions other than deductions from salary or wages
    • Subpart 4 – Contributions holidays
  • Part 4: KiwiSaver schemes
  • Part 5: General provisions
  • Schedule 1: KiwiSaver scheme rules
  • Schedule 2: Matters to be specified in application for registration as a KiwiSaver scheme
  • Schedule 3: Amendments to other Acts
• Child Support Amendment Act
• Orders in Council

Questions we've been asked

• Tax treatment of wooden scaffolding planks
• GST treatment of services provided in making videos and films in New Zealand under contracts with non-residents