New Zealand

Lisa Murphy
Tax Partner

Office : Auckland
Service : Tax

Lisa Murphy is a tax partner at the Auckland office of RSM New Zealand and specialises in providing tax advice to both national and international clients

She began her career as a tax investigator at the Inland Revenue where she built a solid grounding in investigative work, then progressed to the role of legal and technical advisor.  After 12 years with the department, Lisa moved to one of the Big 4 firms as a senior tax consultant and then tax manager.  During this time she developed a comprehensive understanding of corporate tax issues facing companies both domestically and internationally, with a focus on the technology, information, communication and entertainment sectors.  This experience also led to an opportunity of a secondment within a large telecommunications company as in-house tax manager.

Taking up the opportunity to further progress her career, Lisa moved to a boutique tax specialist firm where she quickly progressed to director before deciding in 2016 to make the move to RSM.

Lisa is passionate about her work and ensuring her clients are operating under the best tax structure for their business model.  Over the years, she has had the opportunity to be involved in structuring advice for multi-million dollar property developments, wineries and listed companies all with on-going tax advice requirements.  With a wealth of knowledge in the sector, Lisa has also successfully negotiated favourable outcomes for clients facing investigations or audits by the Inland Revenue.

In her spare time, Lisa is an active member in the community.  She was treasurer of a local sports club, Beachlands Maraetai Touch Rugby Club which has seen membership double since her involvement began 9 years ago, and now assists the treasurer at her local boating club.

Lisa has a Bachelor of Business Studies and Masters in Taxation Studies with first class honours from the University of Auckland.  She is a Member of Chartered Accountants Australia and New Zealand, a professional association of Chartered Accountants.

As part of her client – focused approach, Lisa is always looking for a way to minimise their tax obligations in today’s challenging environment. This makes her the ideal partner for your business.

“It’ not about the cards your dealt,
but how you play the hand”

~ Randy Pausch



News articles

Tax Rate Increase – What you need to know

1 March 2021
It may seem like a bad April Fool’s joke but 1 April and an increase in the top tax rate is only a stone’s throw away.   In this article we discuss the 39% increase introduced by Labour and what you need to consider prior to 31 March. Application The new top tax rate is applicable to all taxable income earned by an individual ov...

Tax Loss Carry Back Scheme – A Recap

1 March 2021
On 30 April 2020, the Government enacted a temporary measure to enable taxpayers to carry back tax losses as part of ongoing Covid-19 business support measures. This rule was effective from 15 April 2020 as part of the Government’s measures to look at broader tax loss rules.  With 31 March fast approaching, we take a moment to recap on th...

Ideas & Insights - Tax Update

30 November 2020
2020 is nearing an end and what a year it has been! As the international response to the Covid-19 outbreak continues we are working closely with clients both domestically and globally to prepare, respond, and share our experiences from a New Zealand perspective. Our commitment continues, but we are equally mindful that business “as usual as po...

Government helps high earners kick coffee habit!

10 September 2020
Government Tax Policy - what does it mean? Government helps high earners kick coffee habit. That is possibly a bit tongue in cheek but not too far from the truth in reality. Yesterday, Labour announced its much anticipated tax policy. After 4 years in office and post the Tax Working Group review into the tax system, there was only one propo...

Covid-19 Update: Changes to Wage Subsidy Scheme Announced

9 June 2020
The Government has recently announced a change to the eligibility criteria with regard to the extension of the Wage Subsidy Scheme. On 14 May 2020 Finance Minister Grant Robertson announced additional funding of up to $3.2 billion for a targeted extension of the Wage Subsidy Scheme (WSSE).  The extension provides for a further 8 weeks of pa...

New R&D Tax Incentive - Unlock Cash Flow Immediately

27 April 2020
With the financial year recently ticking over into FY2020/2021, the majority of innovators in New Zealand (those with year-end 31 March 2020) are able to begin lodging income tax returns and unlock the value from the newly introduced R&D Tax Incentive program. As a reminder, the R&D Tax Incentive was introduced into law in mid-2019 to br...

COVID-19: Government help is on the way

16 April 2020
This week, the Government announced a suite of new measures for small and medium-sized businesses (”SME”) to assist with the severe impact of the COVID -19 pandemic on New Zealand economy as a whole and the SME sector in particular. The Government emphasised that this package is aimed at further supporting SMEs’ cashflow and confidence...

COVID-19 Tax Response

30 March 2020
The COVID-19 Tax Response Act that supports the package of economic and social measures aimed at providing relief to those that have been economically affected by Covid-19 has been enacted.  It is unsurprising that the Government has acted swiftly (within a day) to urgently pass this legislation. We have compiled a list of the key tax r...

Update: Covid-19 Tax Proposals

17 March 2020
The Government has announced a raft of measures to combat the impact of Covid-19 in a $12.1 billion package.  Businesses will receive the majority of this funding boost. The economic rescue package is broken down into the following areas: Initial $500 million injection for health, including videoconferencing consultations and extr...

“Amazon Tax” - Legislation Enacted

10 September 2019
In 2018, the Government introduced draft legislation regarding the GST treatment of low-value imported goods, commonly referred to as the “Amazon tax”.  The  Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration, and Remedial Matters) Bill was enacted on 26 June 2019. The changes to the taxation of such goods will...

Make the most of the new Research & Development (R&D) Tax Incentive program

30 May 2019
New Zealand’s recently introduced R&D Tax Incentive program offers some of the most generous R&D funding benefits available across Asia Pacific. This tax incentive program will play a major role over the next 10 years in lifting New Zealand business R&D spend to an ambitious 2% of GDP (up from 0.63%) by the year 2030. It will a...

Proposed Ring Fencing of rental losses - legislation introduced

21 March 2019
Hot off the tail of the extension to the bright-line test (extended from 2 to 5 years from 29 March 2018), came an Official Issues Paper released in March 2018.  Submissions on the Official Issues Paper were made….and ignored.  Now, draft legislation has been introduced in the Taxation (Annual Rates for 2019–20, GST Offshore Suppl...

RSM Tax Update – Release of Tax Working Group Report

25 February 2019
The Tax Working Group (“TWG”) released its final report to the Government on Thursday 21st February 2019 with close to 100 recommendations.  The Government established the TWG to examine further improvements in the tax structure, fairness and balance of the tax system.  Although the much-anticipated report has now been released...

民宅出租损失的围栏政策 - 工党政府的倡议 Ring-Fencing Rental Losses – a Labour Government Initiative

4 December 2018
继延长明线测试(从2018年3月29日起由2年延至5年),2018年3月新西兰税务局部门提交的修订法案将导致业主无法用其民宅出租的损失抵消其应缴纳收入。   政府认为物业投资者和业主之间的竞争环境需得到平衡,因为租赁物业投资者可以从税收损失中受益...

Impact of the Bywater decision

19 November 2018
The Bywater Decision and the impact on New Zealand Incorporated Companies The Australian Tax Office (ATO) was successful before the High Court in the case of Bywater Investments Limited & Ors v FCT; Hua Wang Bank Berhad v FCT [2016] HCA 45 (“the Bywater case”) with regard to the tax residency of foreign corporates.  This decisio...

Capital gains on land transactions – tax free or taxable?

30 July 2018
The New Zealand property market, especially Auckland has grown exponentially over the past few years. Property/land is a favoured asset as it generally appreciates in value over time and New Zealand does not have a comprehensive capital gains tax. However, it is a common misconception that because New Zealand does not have capital gains tax ...

2018 财政预算 (Budget 2018: The Rebuild Budget?)

3 July 2018
新西兰工党政府通过其财政部部长 Hon. Grant Robertson 呈递了自2017年大选以来的第一个财政预算。预算在医疗和和教育方面开支很大,但这并不意味着新西兰的医疗和教育会在一夜之间大幅改善! 支出 卫生部宣布四年内增加32亿预算,其中划拨给区卫生局(DHB)23...

Budget 2018: The Rebuild Budget?

18 May 2018
Budget 2018: The New Zealand Labour Government via its Finance Minister the Honourable Grant Robertson has delivered its first coalition budget since the 2017 election.  There is a significant spend, particularly in the areas of health & education however this won’t see massive improvement overnight! The Spend An increase of $3...

Ring-Fencing Rental Losses – a Labour Government Initiative

30 April 2018
Hot off the tail of the extension to the bright-line test (extended from 2 to 5 years from 29 March 2018), comes an Official Issues Paper released in March 2018 that will see investors lose the ability to offset rental property losses from their income. The Government considers that the playing field between property investors and home owners ne...

BEPS Tax Bill Introduced

16 January 2018
Although initially introduced via the previous National Government via variety of consultation documents the Labour Government has sought to keep up the momentum with the introduction of the Taxation (Neutralising Base Erosion and Profit Shifting) Bill in a bid to ensure multinational companies pay their fair share of tax.  For most pro...

GST and Cross Border Services

14 November 2017
I have just discovered an award-winning butcher that produces some beautiful cuts of meat.  I have never stepped inside their store. In fact it is approximately 1,100km away from where I live.  Partaking is made possible by technology.  The internet can be a wonderful thing (even better when accompanied by bacon). The internet...

Non-resident tax update

17 October 2017
On 30 March 2017, the Government enacted the Taxation (Annual Rates for 2016-17, Closely Held Companies, and Remedial Matters) Bill which contains amendments to the non-resident withholding tax on related party debt and branch lending. New Zealand imposes non-resident withholding tax (NRWT) on New Zealand sourced interest paid to foreign len...

Taxation of Clubs and Associations – don’t be “teed” off at tax time

2 October 2017
Understanding your tax obligations is not always easy.  In fact, the term “tax simplification” seems to be an oxymoron.  It can, however, be even more difficult to grapple with for those managing the tax affairs of a club, society or association.  This is because although several income tax exemptions exist, they may not a...

RSM World Day 2017

19 September 2017
A day when the independent member firms of the RSM network celebrate our shared values of Understanding, Collaboration and Ideas and Insight – this year, with an innovative twist. September marks ‘Innovation month’ internationally across all RSM member firms, in line with this, RSM New Zealand took the opportunity to mark our global day by...

Understanding Fringe Benefit Tax (FBT) on motor vehicles

12 September 2017
The perks of FBT on motor vehicles for your employees Fringe benefits are often seeing as additional perks and a way to provide employees with further incentives. In this article we navigate the ins and outs of FBT on motor vehicles.  Although such benefits are not taxed in the hands of employees, employers are liable to pay fringe b...

RSM sponsors the LPGA New Zealand Tour

29 August 2017
Audit, tax and consulting specialists RSM New Zealand have joined the family of sponsors to support next month’s MCKAYSON New Zealand Women’s Open. The event, New Zealand’s richest golf tournament with NZ$1.85 million in prizemoney, will be staged at the new Windross Farm golf course in Auckland from 28 September to 1 October and will ...

Government’s final decision on BEPS proposals

10 August 2017
Base Erosion and Profit Shifting (BEPS) measures have been under consultation for a very short period of time with the first round of consultation documents released in March 2017.  The proposals in the initial consultation documents were, and remain in line with recommendations from the OECD’s BEPS project which has developed best pr...

Business as usual for taxpayers

31 May 2017
Budget 2017 The National Government tabled its 9th consecutive budget late last week and, unsurprisingly, there was very little in the way of tax incentives, initiatives or regime changes.  The continual evolution of tax changes and regularity of tax Bills means that in recent times there have been very few tax surprises come budget day. ...

The Accounting Income Method

11 April 2018
The IRD have recently introduced the Accounting Income Method (AIM) which has been developed for small and medium sized businesses (gross annual income of less than $5 million) to relieve the pressure of the traditional provisional tax system, replacing it with an income/profit aligned provisional tax regime. Instalment dates are aligned with GS...

News Flash: Bright-line Test – Extension from 2 to 5 Years

15 February 2018
The Labour Government’s 2017 Election Policy has finally come to fruition with regard to the extension of the bright-line test.  Hon. Stuart Nash, Minister of Revenue has released a statement announcing that a Supplementary Order Paper to the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Bill h...