Define income
Andre made this Official Information request to Inland Revenue Department
The request was partially successful.
From: Andre
Dear Inland Revenue Department,
What is the definition of ‘income’. I am a law abiding citizen and as such only require the specific facts as requested. I specifically request no opinions be given.
Yours faithfully,
Andre
From: oia
Inland Revenue Department
Good morning,
Please find attached an acknowledgement of your recent Official
Information Act request.
Manager Commissioner’s Correspondence
This email and any attachment may contain confidential information. If you
have received this email or any attachment in error, please delete the
email / attachment, and notify the sender. Please do not copy, disclose or
use the email, any attachment, or any information contained in them.
Consider the environment before deciding to print: avoid printing if you
can, or consider printing double-sided. Visit us online at ird.govt.nz
From: oia
Inland Revenue Department
Good afternoon,
Please find attached a response to your recent Official Information Act
request.
Commissioner’s Correspondence
This email and any attachment may contain confidential information. If you
have received this email or any attachment in error, please delete the
email / attachment, and notify the sender. Please do not copy, disclose or
use the email, any attachment, or any information contained in them.
Consider the environment before deciding to print: avoid printing if you
can, or consider printing double-sided. Visit us online at ird.govt.nz
Things to do with this request
- Add an annotation (to help the requester or others)
- Download a zip file of all correspondence
R Bailey left an annotation ()
Hi Andre,
Is this of interest?
http://www.legislation.govt.nz/act/publi...
income, in relation to any ratepayer and to any preceding tax year,—
(a)
includes all money received by the ratepayer from any source for the use or advantage of the ratepayer; and
(b)
includes all money received by the spouse or partner of the ratepayer from any source (being a spouse or partner who is ordinarily resident on the property in respect of which a rebate of rates is applied for under this Act) for the use or advantage of the spouse or partner of the ratepayer; and
(c)
includes, in the case of a ratepayer who carries on any business as a self-employed person, the amount that would be the ratepayer’s net income in the preceding tax year (within the meaning of the Income Tax Act 2007) if the only income for that year of the ratepayer was derived in carrying on that business; but
(d)
does not include—
(i)
any capital money received from any source:
(ii)
any war widows’ pensions or war disablement pension:
(iii)
any pension or periodical allowance or any part thereof received by any person from the Government of any Commonwealth country (other than New Zealand) that the chief executive of the department for the time being responsible for the administration of the Social Security Act 1964 determines is analogous to a payment described in subparagraph (ii):
(iv)
any money received as a grant to meet funeral expenses:
(v)
any money paid in respect of any military decoration and received by the recipient of such decoration:
(vi)
any family tax credit payable under the Income Tax Act 2007:
(vii)
any salary or wages of a person in receipt of any supported living payment, sole parent support, or related emergency benefit under the Social Security Act 1964 or a veteran’s pension under Part 6 of the Veterans’ Support Act 2014 or a veteran’s pension under the Social Welfare (Transitional Provisions) Act 1990, being salary or wages earned in respect of a period before the date of commencement of that benefit or pension.
-- Any idea on what "capital money" is?
Link to this