Summary

The New Zealand Master Tax Guide for Students is the essential reference for successful tax study. It contains comprehensive coverage of New Zealand tax regimes, including income tax, FBT, ACC and GST, completely updated to 1 January 2010. The commentary, written by tax experts, is concise and easy to read. Designed for ease of use, this book is packed full of practical features, including worked examples based on real-life situations, due dates, and summaries of legislation, cases and IRD rulings and statements affecting the 2009/10 and future income years. Contents Includes: the Taxation (Business Tax Measures) Act 2009, which amended various legislative thresholds with the intention of alleviating compliance costs for SMEs; the Taxation (Budget Tax Measures) Act 2009; the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009, which resulted in new international taxation rules, new associated persons tests, changes in the tax treatment of stapled stock instruments with debt components and many other amendments; the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009; changes in FBT and UOMI rates and personal tax rates.