Questions and answers about Tax Law
My family recently set up a trust to hold some investments and property. I do not understand who pays tax on the income the trust earns, whether it is the trust, the trustees personally or the beneficiaries. Can you explain how trust taxation works?
I received a letter about an Inland Revenue audit, what should I expect? 1 answer
1 answerI received a letter from Inland Revenue saying that they are conducting a risk review or audit of my business’s tax affairs for the past few years. I have never been through this before and I am anxious about what it involves.
I missed the deadline for filing my income tax return this year because of personal circumstances, and I am worried about what penalties Inland Revenue might apply. What are the consequences of late filing and can they be reduced?
Cash flow problems, can I negotiate with Inland Revenue instead of legal action? 1 answer
1 answerMy business is going through a difficult period and we are behind on GST and income tax payments. I am worried that Inland Revenue might start legal proceedings or even try to liquidate the company. Is there a way to negotiate before it gets to that stage?
This year I have been told that I need to start paying provisional tax, which I have never had to do before. I do not understand why I have to pay tax before the year has even finished. Can you explain how this works?
I have started doing some freelance graphic design work alongside my regular job, and I am not sure whether I need to declare this income or if it only matters once I earn a certain amount. What are my obligations?
I bought shares in a few companies a while ago and recently sold some at a profit. A friend said that share trading profits are not usually taxed in New Zealand unless you are a professional trader, but I want to be sure this applies to me.
Inland Revenue has issued an assessment that increases my tax liability substantially, based on an interpretation of the law that I believe is wrong. I want to formally challenge it. What is the correct process to dispute a tax assessment?
Recent articles
Select the city below to get to the lawyers on this topic.:
Service catalog
People also ask:
The best lawyers in Nelson
We have compiled a list of the best Nelson lawyers with full details — prices, reviews, phone number and address.
Reviews from lawyers at Nelson
Our service contains genuine reviews of lawyers; we do not delete negative reviews, and there is no way to manipulate them.
How much does it cost to consult a lawyer at Nelson?
Consultation with lawyers and solicitors at Nelson starts from NZ$ 300 and above (prices may vary depending on the complexity of the issue and the form of the response).
Is it possible to get legal services from Nelson for free?
To begin with, formulate your question clearly and concisely and try to ask it; if it is simple and can be answered quickly, lawyers often respond for free. However, the right to determine the cost of consultation remains with the lawyer or solicitor.
Where to look for a good lawyer in Nelson?
This can be done on the New Zealand lawyer search service Lawyers-nz.com absolutely free. It is important to know that convenient search and communication with a specialist is free, but consultation and services of the specialists themselves may be paid.
How much does it cost to hire a lawyer in Nelson?
Prices for legal services provided by lawyers and solicitors are determined by the amount of work and complexity of the case. On average, legal services start from NZ$ 300. Select candidates based on ratings and reviews. Many have examples of completed work!
When should you contact a lawyer?
When should you contact a lawyer? People usually decide to consult a lawyer or solicitor when they face serious difficulties. Professional assistance from a lawyer at Nelson is often sought when a case is already in court or in an institution and is not going as expected. Or even worse, the case may already be lost. Therefore, we advise you not to delay and to resolve the problem as early as possible.
When do you need a lawyer?
In what cases should I contact a lawyer? A lawyer or solicitor is needed when a person is suspected or accused of committing a crime. In such cases, legal assistance is provided, as expressly required by New Zealand’s criminal procedure laws.
What is included in legal advice?
Legal advice includes an analysis of situations and a lawyer’s or solicitor’s recommendations on possible actions. There are two types of consultations – in-person (judicial) consultation and written consultation (legal opinion). The type of assistance depends on the situation and the client’s wishes.






