Tax matters

As the leading provider of audit services to the public sector, we have an extensive knowledge of sector tax issues. These documents provide guidance and information on selected tax matters.

Please contact our Tax Director, Jason Biggins, if you have any questions about these items.

Tax treatment of payments for hurt and humiliation

The document discusses the tax treatment of payments for hurt and humiliation made to employees or former employees.

GST treatment of land sales and purchases

The document discusses the GST treatment of land sales and purchases, and the common errors in relation to accounting for GST on these transactions.

Tax calculation and disclosure examples

This item includes a worked example of income tax disclosures prepared in accordance with NZ IAS 12.

Deferred tax calculation guidelines

This paper explains the calculation of deferred tax, including the adjustments required for buildings and investment properties.

Increase in deferred tax on buildings

This item explains the adjustment required to deferred tax on buildings due to the recent legislative change to remove tax depreciation on commercial and industrial buildings.

Accounting for tax loss transfers

This paper explains the accounting treatment of tax loss transfer arrangements in the annual financial statements.

Page last updated: 10 May 2024