CA ANZ Core 4: Tax (NZ) study plan

Distinguish assessable income from capital receipts using the ordinary concepts, scheme and purpose, and source tests, and classify ten mixed receipts correctly

Apply the general permission and general limitation to deductibility, including the capital limitation, private limitation, and nexus tests, to eight short fact patterns

Explain the timing rules for income and deductions, including accrual versus cash treatment and the treatment of prepayments

Compute closing trading stock under the relevant valuation options and apply the replacement and obsolescence rules to two worked examples

Work through the financial arrangement accrual rules: identify whether an arrangement is caught, determine the spreading method, and compute income or expenditure for one simple instrument

Calculate taxable income for a company, including imputation credit and dividend treatment, and explain the continuity rules at a high level

Prepare a partnership income allocation, including partner-level treatment of profits and losses and the effect of a partner's transactions with the firm

Explain the look-through company regime: eligibility, loss limitation, and how LTC income is allocated to owners

Analyse trust taxation: trustee income versus beneficiary income, the minor beneficiary rule, and distributions of capital versus income

Compute an individual's net income by combining salary, withholding income, and allowable personal deductions

Apply the employment income rules to allowances, benefits, and reimbursements, and identify which items are subject to PAYE or fringe benefit treatment

Reconcile an individual's tax position using progressive marginal rates and the independent earner and related credits at a conceptual level

Apply the depreciation rules: determine an asset's cost, choose a depreciation method and rate, and compute depreciation and loss on disposal for a small asset schedule

Classify property transactions as revenue account or capital account using the intention, land-dealing, and bright-line tests

Compute GST output tax and input tax for a mix of supplies, and identify exempt versus zero-rated supplies

Reconcile GST-return treatment for a small business across two periods, including adjustments for private use

Map the tax administration lifecycle: assessment, return filing, amendment, dispute, and challenge processes, and the associated time limits

Explain the penalty and shortfall penalty framework and apply it to three non-compliance scenarios

Distinguish tax avoidance from acceptable tax planning using the arrangement and purpose tests, and identify the reconstruction power

Apply the code of conduct and ethical obligations to two adviser dilemmas and justify the recommended action

Apply the residence tests to determine an individual's and a company's New Zealand tax residence, and explain the consequences for worldwide income

Explain source rules for cross-border income, including the treatment of dividends, interest, and royalties, and the role of double tax agreements

Outline the controlled foreign company and foreign investment fund regimes at a conceptual level and identify when they apply

Review timing and deductibility rules in a cross-border context, including foreign-sourced deductions and foreign tax credits

Re-solve the weakest income, deduction, trading stock, and accrual problems from weeks 1 and 2 without notes

Re-solve the weakest entity computations from week 3, focusing on errors logged in your self-marking

Build a consolidated one-page formula sheet linking income, deductions, entity allocation, and tax rates

Time yourself on a 40-question mixed set covering domains 2, 4, and 5 and record accuracy by domain

Re-solve the weakest GST, depreciation, and property problems from week 4 without notes

Re-solve the weakest administration, avoidance, and cross-border items from weeks 5 and 6

Complete a full timed mock exam across all nine domains and mark it strictly

Review every mock error and rewrite the underlying rule in your own words in the error log