Terry Baucher

About

Terry Baucher is an Auckland-based tax specialist with 25 years experience. He works with individuals and entities who have complex tax issues. Prior to starting his own business, he spent six years with one of the "Big Four' accountancy firms including a period advising Australian businesses how to do business in New Zealand. You can contact him here.

Member for

12 years 9 months

Latest articles

The Week in Tax: Extra relief for the newly unemployed & are redundancy payments overtaxed?

Terry Baucher discusses the controversial extra relief for the newly unemployed, asks: are redundancy payments overtaxed? and notes that record numbers apply for instalment arrangements with Inland Revenue

1st Jun 20, 9:11am

by Terry Baucher

The Week in Tax: Emergency crisis loans for small business

Terry Baucher has more on the Small Business Cash Flow scheme, Inland Revenue's guidance on the sharing economy. And a reminder about the rules around employees claiming home office expenditure

25th May 20, 11:07am

by Terry Baucher

Terry Baucher has more on the Small Business Cash Flow scheme, Inland Revenue's guidance on the sharing economy. And a reminder about the rules around employees claiming home office expenditure

The Week in Tax Budget Special: what about Inland Revenue and better not talk about tax

Terry Baucher is surprised the Government is expecting more from key agencies but gives them no new resources. He finds other puzzling policy disconnects too

16th May 20, 10:55am

by Terry Baucher

Terry Baucher is surprised the Government is expecting more from key agencies but gives them no new resources. He finds other puzzling policy disconnects too

The Week in tax: FBT during the lockdown, can landlords claim the wage subsidy & what’s going to be in the Budget?

Terry Baucher with Inland Revenue on how FBT applies during the lockdown; Is the wage subsidy scheme available for landlords? And a look ahead to the Budget

11th May 20, 7:35am

by Terry Baucher

Terry Baucher with Inland Revenue on how FBT applies during the lockdown; Is the wage subsidy scheme available for landlords? And a look ahead to the Budget

Another week in tax: Payments to employees for working from home

Terry Baucher looks at the home office expenditure payments situation and updates, the IRD gets a surprising new role, and a reminder it’s provisional tax time

4th May 20, 11:38am

by Terry Baucher

Terry Baucher looks at the home office expenditure payments situation and updates, the IRD gets a surprising new role, and a reminder it’s provisional tax time

Another week in tax: The IRD's clarifications of the tax residency rules

Terry Baucher looks at the IRD's clarifications of the tax residency rules, explains what’s expected for owners of overseas rental property and the Department of Internal Affairs makes a bone-headed ruling

28th Apr 20, 10:35am

by Terry Baucher

Another week in tax: Loss carrybacks, FIFs, and more

Terry Baucher looks at whether the tax loss carry-back proposal will help small businesses. He also advises, watch out for the trap in the foreign investment fund regime, and claiming home office deductions

20th Apr 20, 10:01am

by Terry Baucher

Working from home? What's the tax deduction for that?

Terry Baucher investigates whether the extra expenses and use of personal assets to work from home are deductible against your taxable income. As usual with tax, its complicated

14th Apr 20, 8:54am

by Terry Baucher

Terry Baucher investigates whether the extra expenses and use of personal assets to work from home are deductible against your taxable income. As usual with tax, its complicated

Another week in tax in three sets of three letters: IRD, FBT, FTT

Terry Baucher reports on updated guidance from the IRD, the FBT lesson from David Clark's misadventures, and the pros and cons of a financial transactions tax

11th Apr 20, 1:43pm

by Terry Baucher

Terry Baucher reports on updated guidance from the IRD, the FBT lesson from David Clark's misadventures, and the pros and cons of a financial transactions tax

Another week in tax: More on IRD's Covid-19 response

Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter

6th Apr 20, 7:53am

by Terry Baucher

Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter

This week's guest Top 5: The top 5 likely tax impacts of the COVID-19 pandemic

Terry Baucher on rising tax rates, the taxation of capital, environmental taxes, a rising corporate tax take & increasing power and reach of tax authorities

3rd Apr 20, 10:00am

by Terry Baucher

Terry Baucher on rising tax rates, the taxation of capital, environmental taxes, a rising corporate tax take & increasing power and reach of tax authorities

Another week in tax: Keeping up with the IRD & Govt COVID-19 response

Terry Baucher has more on the Government and Inland Revenue’s response to Coronavirus, more unintended consequences, and asks if its time to postpone the 7th May GST and Provisional Tax payment

30th Mar 20, 9:02am

by Terry Baucher

Terry Baucher has more on the Government and Inland Revenue’s response to Coronavirus, more unintended consequences, and asks if its time to postpone the 7th May GST and Provisional Tax payment

Another week in tax: The underpaying trap and the cashflow trap

Terry Baucher on the Government's Covid-19 package, a potential cash flow trap for those transferring their pension and superannuation schemes to New Zealand and more year-end tax planning

23rd Mar 20, 11:34am

by Terry Baucher

Terry Baucher on the Government's Covid-19 package, a potential cash flow trap for those transferring their pension and superannuation schemes to New Zealand and more year-end tax planning

Another week in tax: COVID-19 support package special edition

Terry Baucher on how the tax changes included in the Government's COVID-19 support package will provide immediate relief and encourage investment

18th Mar 20, 11:26am

by Terry Baucher

Terry Baucher on how the tax changes included in the Government's COVID-19 support package will provide immediate relief and encourage investment

Another week in tax: Some ideas for how IRD should deal with coronavirus

Terry Baucher on what the IRD could do about Coronavirus, watch out for Aussie beneficiaries in NZ trusts, and some tax year end planning tips

16th Mar 20, 6:45am

by Terry Baucher

Terry Baucher on what the IRD could do about Coronavirus, watch out for Aussie beneficiaries in NZ trusts, and some tax year end planning tips

Another week in tax: GST on cryptos, donations and cheques

Terry Baucher notes a GST policy paper that has good news for crypto investors, a retrospective change for donation tax credits, and more on IRD s decision to stop accepting cheques

9th Mar 20, 9:26am

by Terry Baucher

Terry Baucher notes a GST policy paper that has good news for crypto investors, a retrospective change for donation tax credits, and more on IRD s decision to stop accepting cheques

Another week in tax: A potential alternative tax regime for small businesses

Terry Baucher talks to Nigel Jemson about a Trusted Taxpayer Regime as a possible alternative tax regime for small businesses

2nd Mar 20, 7:13am

by Terry Baucher

Terry Baucher talks to Nigel Jemson about a Trusted Taxpayer Regime as a possible alternative tax regime for small businesses

Another week in tax: The more-tax, less-tax camps tussle

Terry Baucher sees tax cuts and capital gains back on the agenda, the IRD targeting the hospitality industry, and the OECD reckons international tax reform could collect US$100 bln annually

24th Feb 20, 10:15am

by Terry Baucher

Terry Baucher sees tax cuts and capital gains back on the agenda, the IRD targeting the hospitality industry, and the OECD reckons international tax reform could collect US$100 bln annually

Another week in tax: IRD gets curious about loans to shareholders

Terry Baucher reports Inland Revenue gets curious about advances to shareholders, relents (a little) about cheque payments, and the cost of investing in Australian property rises

17th Feb 20, 6:33am

by Terry Baucher

Terry Baucher reports Inland Revenue gets curious about advances to shareholders, relents (a little) about cheque payments, and the cost of investing in Australian property rises

Another week in tax: IRD's debt chasing, cheques & more

Terry Baucher reports on the many ways the Inland Revenue is flexing its muscles. Beware the unintended or unintentional consequences

10th Feb 20, 7:17am

by Terry Baucher

Terry Baucher reports on the many ways the Inland Revenue is flexing its muscles. Beware the unintended or unintentional consequences

Another week in tax: Taxing methane and the future of environmental taxes

Terry Baucher talks to John Lohrentz about his proposal to to use tax incentives/disincentives to encourage change and innovation, which for an agricultural economy like New Zealand represents a huge opportunity

3rd Feb 20, 5:00am

by Terry Baucher

Another week in tax: The big tax stories

Terry Baucher looks at what will be the big tax issues in the coming decade: the IRD crackdown on student loans, tax defaulters, and is the capital gains tax really dead?

27th Jan 20, 10:11am

by Terry Baucher

Terry Baucher looks at what will be the big tax issues in the coming decade: the IRD crackdown on student loans, tax defaulters, and is the capital gains tax really dead?

Another week in tax: The big tax stories of 2019 and the decade

Terry Baucher looks back at the big stories of the last year, and this decade, where tax held the spotlight right up to the end of 2019 and he can assess the impact of all the twists and turns

17th Dec 19, 6:50am

by Terry Baucher

Terry Baucher looks back at the big stories of the last year, and this decade, where tax held the spotlight right up to the end of 2019 and he can assess the impact of all the twists and turns

Another week in tax: Satisfaction with IRD down and tax pooling

Terry Baucher talks to Chris Cunniffe about how tax pooling works and why corporate taxpayers use systems like this. They also look at the reasons satisfaction with the IRD is now at a low point among tax agents

9th Dec 19, 2:09pm

by Terry Baucher

Another week in tax: Investigating the IRD's new approach to investigations

Terry Baucher on how the IRD is updating its investigations, merits of waste levies as a behavioural tax, and how being six minutes late could cost the ATO nearly $100 mln

2nd Dec 19, 10:32am

by Terry Baucher

Terry Baucher on how the IRD is updating its investigations, merits of waste levies as a behavioural tax, and how being six minutes late could cost the ATO nearly $100 mln