Iain Blakeley

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

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There’s tax in that gold!

There’s tax in that gold!

New Zealand Inland Revenue says in most cases the sale of gold bullion is taxable. According to a "Questions we've been asked" published by Inland Revenue on 20 September, "in most cases gold purchased in bullion form will be purchased for the dominant purpose of...

Time to tidy up the GST Act?

The GST Act needs to be tidied up and made more user-friendly in my view. I read the GST Act every day. Sad, I know. Anyway, it used to be pretty simple to navigate around but lately I've been finding it a bit more of a challenge. (No smart comments about aging...