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

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