TIB - June 2012
Interpretation guidelines
- IG 11/01: Income tax; goods and services tax – determining employment status for tax purposes (employee or independent contractor)
New legislation
- Student Loan Scheme Amendment Act 2012
Legislation and determinations
- Changes/clarifications to Determination DET 09/02: Standard-cost household service for childcare providers (“Educators”)
- CPI Adjustment 12/01 for Determination DET 09/02: Standard-cost household service for childcare providers
- Determination DET 05/03: Standard-cost household service for boarding service providers – change to fixed standard-cost formula to reflect the removal of depreciation on buildings
- CPI Adjustment CPI 12/02 for Determination DET 05/03: Standard-cost household service for boarding service providers
- Special Determination S21: Spreading of acquisition cost of agreements for the sale and purchase of services
- National average market values of specified livestock determination 2012
Standard practice statements
- SPS 12/01: Recording Inland Revenue Interviews
- SPS 12/02: Late filing penalty
Legal decisions – case notes
- Court’s earlier decision confirmed
- Receivers obliged to pay GST on mortgagee sales
- Judicial review – not an extremely rare case
Items of interest
- Tax Information Bulletin reader survey