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Govt leaves door open for higher emissions price cap

Article – BusinessDesk

Dec. 14 (BusinessDesk) – The government appears to have left the door open for an increase in emission prices before it moves to regular auctions of emission units in 2020. Read more »

Govt “encourages safer cars” by taxing them more

Press Release – New Zealand National Party

At a time when the Government is running a television campaign encouraging New Zealanders to purchase safer vehicles, they have also removed the financial incentive for them to do so, says Nationals ACC spokesperson, Tim Macindoe. Read more »

Govt eyes $17.7B more tax as economy slows

Press Release – New Zealand National Party

The Government plans to squeeze an extra $17.7 billion in tax out of ordinary New Zealanders in the next four years even as the economy slows, meaning it will take a bigger bite out of our national pie, Leader of the Opposition Simon Bridges says. Read more »

Kiwis struggling as tax take nears 50K per household

Press Release – ACT New Zealand

Hardworking Kiwis are struggling under the strain of taxes with total government revenue now representing close to $50,000 per household, according to ACT Leader David Seymour. Read more »

Budget cuts welcome – but why not go further?

Press Release – New Zealand Taxpayers’ Union

Responding to reports that the Government has ordered Ministers to cut one percent in low priority spending across all departments, New Zealand Taxpayers Union spokesman Louis Houlbrooke says: Read more »

Impact of rental property tax change could be huge

Press Release – Stop the War on Tenancies

The impact of a law-change to ring-fence rental property tax losses could be huge and sudden because owners absorbing loss with no prospect of gain will sell, Tenancies War spokesman Mike Butler said today. Read more »

ACC levy changes a backward step for safety

Press Release – Automobile Association

The NZ Automobile Association is disappointed with the announcement by the Government to end ACCs Vehicle Risk Rating scheme. Read more »

ACC levy reduction welcomed

Press Release – Business NZ

The levy paid by employers and the self-employed will reduce from an average 72 cents to 67 cents per $100 of liable earnings from next year. Read more »

ACC levy cuts worth $50M a year to business, says Ardern

Article – BusinessDesk

Dec. 10 (BusinessDesk) – Cuts to the Accident Compensation Corp’s risk-related work levies will save New Zealand businesses about $50 million a year, while other levies will either not change or, in the case of risk-rated vehicle levies, will be discontinued. Read more »

Business owners warned of mental health issues

Press Release – Nexgen

Business owners warned of mental health issues heading into Christmas A chartered accounting firm is warning that this Christmas will take mental health to breaking point for many New Zealands business owners. Director of Auckland-based accounting … Read more »

Tax change bad news for tenants

Press Release – NZ Property Investors Federation

Tax change bad news for tenants – a media release from the NZ Property Investors’ Federation Read more »

ACC levies drop will save kiwi businesses $100 million

Press Release – New Zealand Government

The Governments decision to reduce the ACC Work Levy will save New Zealand businesses $100 million over the next two years, say Prime Minister Jacinda Ardern and ACC Minister Iain Lees-Galloway. Read more »

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