Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

Contract of insurance

Bodies corporate GST status to be clarified

Legislation introduced yesterday will clarify the GST status of bodies corporate. Here's the press release: http://taxpolicy.ird.govt.nz/news/2015-02-26-bill-clarifies-gst-bodies-corporate-rules This issue has some history. In the past Inland Revenue took the view...

Insurance claims

A lot of issues are appearing with insurance claims and leaky homes settlements. A recent bulletin from the Australian Tax Office is a good example of why it's important to get it right. The ATO's bulletin deals with a situation where a home owner makes an insurance...