About the author ix
Preface xi
1 A general discussion of taxation 1
2 Business structures 27
3 Taxable income 41
4 Capital allowances (depreciating assets) 65
5 Trading stock (inventory) 85
6 Capital gains tax (CGT) 97
7 Fringe benefi ts tax (FBT) 109
8 Motor vehicles 121
9 Goods and services tax (GST) 137
10 Putting it all together 151
11 Employing staff 161
12 Running a business through a family discretionary trust 195
Appendix A: Effective life schedule 203
Appendix B: Tax rates, 2014-15 207
Index 209