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IRD have begun a campaign reviewing land sales caught under the bright-line rules.  Many CA’s will have recently received a threatening email/letter regarding their clients apparently caught by these rules.  Read on.

Contrary to a recently issued ruling by IRD, financial assistance package payments by the Crown and local councils made to body corporates in relation to weathertightness issues are not all subject to GST.  Find out more here.

Click here to find out more about two recent Covid-19 concessions/enhancements introduced by the Government regarding the small business cashflow loan scheme and the operating lease term extension.