© 2020 Cockroft & Thomas Chartered Accountants. 

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February 11, 2020

INSIDE THIS EDITION
Changes to donation tax credits 1
Global tax 2
Purchase price allocation 3
GST on loan repayments 3
Snippets 4
Employee use of telecommunication tools and
usage 4
Tax: a brief history 4

Changes to donation tax credits

A tax credit is able to be claime...

February 11, 2020

As we enter a new decade, it is fascinating to reflect on the vast array of technological change
we have seen in the last ten years.
We’ve seen the introduction of the smartphone, the rapid growth of streaming services, the
introduction of electric scooters and the wor...

November 15, 2019

INSIDE THIS EDITION

Corporate governance for small 

businesses 1

Court case - tax avoidance arrangement 2

Generation Z – our future workforce 3

Property sales - business premises 

exclusion 3

Snippets 4

Wacky business ideas 4

Times are changing 4

Corporate governance for small b...

November 15, 2019

Family Trusts are used widely in New Zealand; often being viewed as beneficial for asset
protection and to keep assets in the family for future generations. A reason for their popularity
has been the relative simplicity of the legal and tax regime. However, the rules a...

August 6, 2019

INSIDE THIS EDITION
Saving time and cost with tax 1
Working remotely 2
Residential bright line 3
Finicky Bothersome Tiresome (FBT) 3
Snippets 4
New provisional taxpayers beware 4
US tax rules 4

Saving time and cost with tax

Various tax concessions exist that can save sig...

August 6, 2019

It is common for disagreements to arise between taxpayers and Inland Revenue on the GST
treatment of land transactions, but less common for these disputes to arise between a vendor
and purchaser. However, this was the case in a recent High Court case, Holdaway v Ellwoo...

May 9, 2019

Inside this edition

Tax Working Group 1

Charities Working Group 2

Payments to shareholders 3

Tax pooling 3

Snippets. 4

Tax bounty................................................ 4

Short-stay accommodation........................ 4

Tax Working Group

The Tax Working Group (TWG) r...

May 9, 2019

You’ve no doubt heard of it, maybe you’ve even seen the effects of it - ‘automation’ is
transforming the accounting profession! But what exactly is automation and what does this mean
for a business’ finance function?
In a world without automation, finance staff spend t...

February 12, 2019

INSIDE THIS   EDITION

You versus your Trust 1

GST and land sales 2

When is a gift not a donation? 3

Winding up a company 3

Snippets 4

GST on low value imported goods 4

Sugar Taxes 4


 

You versus your Trust 

It is common from a layman’s perspective to not appreciate the rel...