About
Warnings
Every taxpayer in New Zealand is required to abide by the
regulations and requirements set out in the various taxation acts.
However, some important areas need to be brought to
taxpayers’ attention because they have a right to know about
the information involved and, if necessary, take steps to safeguard
their rights.
Warning 1
Your interpretation
The tax return you send to the IRD is your submission of what
you believe is the tax payable by you, or the refund that is due to
you, in the light of the Tax Act. That is, it is your
interpretation. The point is you are perfectly entitled to this.
The Tax Commissioner may put forward his interpretation and he is
also entitled to.
If you both agree, then there is no problem. However, if your
views differ - you have a fight on your hands.
Under the Tax Act the Tax Commissioner has an enormous
advantage. He can legally take his interpretation as being correct
but you, unfortunately, are given the task of proving him wrong.
The onus is on you to prove the IRD wrong.
This differs
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