When transferring credit there are rules that you need to be aware of. Here you will find specific instructions about credit transfers, some useful resources to determine effective transfer date and what to do if you have issues requesting the transfer.
The income equalisation scheme allows farmers, fishers and foresters who are eligible taxpayers to even out fluctuations in income by spreading their gross income from year to year.
Tax information for all taxpayers affected by the 2004 floods, including a general discussion paper on the tax issues for those affected by flooding in the Bay of Plenty and in the Lower North Island, and guidance on the tax treatment of insurance payments and grants.
Provisional tax pooling has been introduced to reduce taxpayers' concerns and costs in calculating their provisional tax and the resulting exposure to use-of-money interest (UOMI).
Find out about amendments to the FIF rules and issues about the software used by agents to prepare income tax returns where their client has FIF income, foreign tax credits (FTC) and excess imputation credit (ICA).
From the 2005/06 tax year, excess imputation credits received by individuals and unincorporated clubs and societies must now be carried forward instead of converted to a deemed loss.
Date published: 04 Oct 2004
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