- The Authority upheld the Commissioner’s denial of deductions and GST input tax claims, and also upheld shortfall penalties for lack of reasonable care.
- It found the taxpayer’s business did not begin until November 2020; earlier activities were merely preparatory.
- Education expenses incurred before the business started were not deductible.
- Motor vehicle and home office expenses were disallowed because the taxpayer could not adequately prove they were incurred for deductible business use and kept insufficient records.
- GST input tax claims for pre-registration expenses were denied because they were incurred before GST registration.
Source: taxtechnical.ird.govt.nz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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