Relocated Christchurch workers face unwelcome new tax rules

Thu, 06 Dec 2012

By Pattrick Smellie Dec. 6 (BusinessDesk) - Workers who have relocated to Christchurch at their employers' expense risk having their accommodation costs treated as income under a new tax department ruling described by one major accounting firm as "a significant and unwelcome change in approach". The Inland Revenue Department issued a special "Commissioner's Statement" on the issue today, saying employers will be required to count accommodation costs as income when paid on behalf of staff if they are spending any more than a few nights away fr...

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