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Boarders Income From The Ird Tax Site.

#1 User is offline   greg 

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Posted 24 June 2007 - 10:22 AM

The IRD tax calculator


As your income received from providing boarding services is less than the standard cost allowed ($207 each for the first two boarders per week, and $168 each for additional boarders per week), you will not be required to declare this income.
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#2 Guest_mini_*

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Posted 24 June 2007 - 11:25 AM

Hi Gregg

Neat way to put extra bread on the table eh??

Been a lifesaver for some of us, would be interesting to see if ACC and WINZ treat it the same way. WINZ does I think but don't know about ACC??!!

Get it in writing from ACC before trying it would be my advice. Mind you good arguement would be and is exactly why it is not taxable is the wear and tear on your house and appliances, place the expenses of course. They are not a flat mate though they are a 'boarder'. Thats tax speak!!! Means you cook their dinner and don't sleep with them!!!

Not much fun in that eh?? Sounds like hard work!! Opps theres that word 'work' again!!!

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#3 User is offline   Spacecadet 

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Posted 24 June 2007 - 11:55 AM

I charge extra if I have to sleep with them.
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#4 User is offline   Tomcat 

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Posted 24 June 2007 - 12:15 PM

GREETINGS,
ACC has no say in this... and cannot use to abate ERC... Family living with family has nothing to do with them...
and WINZ cannot abate if "boarders are Family"... If you have boarders as "income" then ACC will use it as "capacity"... and WINZ will deduct if you have more than 3 ... or start to deduct on the 3rd one...
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#5 User is offline   doppelganger 

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Posted 24 June 2007 - 12:23 PM

View PostSpacecadet, on Jun 24 2007, 11:55 AM, said:

I charge extra if I have to sleep with them.


I only charge when I am awake as not like ACC employees who can work asleep.
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#6 Guest_mini_*

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Posted 24 June 2007 - 04:29 PM

Tomcat read my lips I said, once you claim the wear and tear, even if you sleep with them, probably even more so, there would be no 'income' that is precisely why it is 'not taxable'. Notice the tax dept does have limitations though, so you can't have a free H......House on a piraire guys!!!

Tickle the rib cage a bit!!

Thanks needed that!!

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#7 User is offline   greg 

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Posted 25 June 2007 - 07:19 AM

Where will I find ACC decriptions of "liable income"?.
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#8 Guest_mini_*

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Posted 25 June 2007 - 09:11 AM

Gregg

Probably in a manual that we never see unless we ask for it under the official information Act, or maybe, under definitions in the ACC Act, if not one could maybe assume that the definition is the same as the tax act as many others are.

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#9 User is offline   watcha 

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Posted 25 June 2007 - 09:35 AM

Read sec 6 of the IPR&C Act definition of earnings which in turn refers to sec 9-13. Earnings as an employee must be liable to income tax to be considered as earnings under the ACC legislation. Sec 11 sets out what is excluded and sec 14 onwards applies to the self-employed.
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#10 User is offline   greg 

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Posted 25 June 2007 - 01:31 PM

ACC is not involved and need not be advised. [confirmed with legal advice.]

thanz for the time taken to help.
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#11 User is offline   hukildaspida 

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Posted 15 February 2011 - 08:34 PM

View Postgreg, on 24 June 2007 - 10:22 AM, said:

The IRD tax calculator


As your income received from providing boarding services is less than the standard cost allowed ($207 each for the first two boarders per week, and $168 each for additional boarders per week), you will not be required to declare this income.


Thanks for this.

We are aware of someone whom had a "boarder" and disclosed that fact to a Vocational Assessor and were told they could operate a Bed & Breakfast!!

Where do they get these ridiculous assumptions from?
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