The New Zealand Master Tax Guide for Students provides students with a straightforward approach to New Zealand tax law that includes practical examples and concise summaries of legislation, cases and IRD rulings affecting the 2018/19 and future tax years. The commentary is concise and easy to read. This edition covers all legislative and case law developments up to 31 December 2018, some of the more significant changes covered include:
a number of legislative changes to the collection of employment and investment income information
reforms to the taxation of employee share schemes
extending the “bright-line” period for residential land from two years to five years
a myriad of proposed changes to modernise the tax administration system by simplifying rules and processes.