
Newsletter Aug to Oct 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 significant time and money, but they are often overlooked. You may want to save this article as a handy reminder to take advantage of these options whenever possible. Business-related legal fees are tax de

GST on land – Holdaway v Ellwood
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 Ellwood
(2019). The case highlights the importance of completing the GST disclosures in the Sale and
Purchase Agreement (S&P) correctly. The standard ADLS S&P agreement includes provision for both vendor and p