Muddled numbers provide an opportunity for Government

Press Release – Child Poverty Action Group

Child Poverty Action Group (CPAG) says that Treasurys error in overestimating the numbers of children lifted out of poverty by both National and Labours families packages provides an opportunity for the Government to take bold action. Read more »

Tax relief for drought affected farmers

Press Release – New Zealand Government

Revenue Minister Stuart Nash has confirmed tax relief measures will be extended to farmers in drought areas. Read more »

Government to divert road taxes to rail?

Press Release – New Zealand National Party

Government to divert road taxes to rail? Transport Minister Phil Twyford has confirmed the Government is considering diverting taxes paid by motorists who want better roads to rail instead, while insisting to media this wont happen, Nationals Transport … Read more »

Xero exec Sankar Narayan sells A$883k of shares to meet tax

Press Release – BusinessDesk

Jan. 15 (BusinessDesk) – Xero chief financial and operating officer Sankar Narayan sold A$883,482 of stock to meet a personal tax bill accruing from the share component of his pay packet. Read more »

Drought classification extends to Grey and Buller

Press Release – New Zealand Government

Minister for Agriculture and Rural Communities Damien OConnor has extended the medium-scale adverse event classification to the drought-hit Grey and Buller districts of the South Islands West Coast. These are the first South Island additions to … Read more »

Govt urged to remain committed to tobacco tax increases

Press Release – Hapai Te Hauora

Today the Government will increase excise tax on tobacco by 10%. This is in support of Smokefree 2025, and sits alongside other complementary measures such as smoking cessation programmes, regulation of e-cigarettes to enable their use as a harm-reduction … Read more »

New Year’s tobacco tax hike means pain

Press Release – New Zealand Taxpayers’ Union

A new report by the Taxpayers Union shows the ineffectiveness of tobacco tax hikes as a tool to reduce smoking rates, and reveals the unintended consequences of the policy: direct financial harm to smokers and their families, and crime towards … Read more »

IRD may treat crypto-currencies like gold held for profit

Article – BusinessDesk

IRD may treat crypto-currencies like gold held for profit, won’t comment on Bitcoinica Read more »

Tourism Holdings expects up to $3M annual recurring benefit

Article – BusinessDesk

Dec. 21 (BusinessDesk) – Tourism Holdings says annual profit will be about 10 percent higher from new tax legislation passed in the US. Read more »

Going soft on student loan defaulters a bad idea

Press Release – New Zealand National Party

The Government must explain to New Zealand taxpayers why it is considering scrapping measures that ensure overseas student loan defaulters dont get away scot free, National Party Tertiary Education Spokesperson Paul Goldsmith says. Read more »

Government names members of tax working group

Article – BusinessDesk

Dec. 20 (BusinessDesk) – The government has named the members of the tax working group charged with reviewing the fairness, structure and balance of New Zealand’s tax system with the first meeting scheduled for late January. Read more »

CTU seeking major changes to our tax system

Press Release – New Zealand Council of Trade Unions

Council of Trade Unions Secretary Sam Huggard said today that the proposed appointment of Council of Trade Unions Economist, Dr Bill Rosenberg, would give working people the confidence to participate in the Governments Tax Working Group. Read more »

Sir Michael Cullen welcomes TWG members

Press Release – Tax Working Group

The Tax Working Group has an important task ahead of it so I am extremely pleased to welcome a great team for the job. It gives me great confidence for the future of our tax system and economy, Sir Michael Cullen, Chair of the Tax Working Group … Read more »

Tax Working Group “opportunity to change the conversation”

Press Release – Public Service Association

The governments Tax Working Group is a genuine chance to change the conversation around the tax system, the PSA says. Read more »

If you reckon cash jobs don’t leave a trail, think again

Press Release – Inland Revenue Department

The main message in the latest marketing campaign to target tax crime in the building sector has raised a few eyebrows. Read more »

Bolder Government Action Needed to Tackle Inequality

Press Release – Closing The Gap

The new government’s efforts to tackle poverty in New Zealand are welcome and long overdue, but bolder action is needed to turn the tide on inequality, Peter Malcolm, spokesperson for the income equality project Closing the Gap, said today. Read more »

Business Tax Rate Killing Investment, Productivity And Wages

Press Release – New Zealand Taxpayers’ Union

New Zealand’s corporate tax rate is now one of the highest in the world with the expected passing of a massive reduction in business taxes in the United States, says the New Zealand Taxpayers’ Union. It is calling on the Government to put corporate … Read more »

$14.4 million taken out of criminals’ pockets in 2017

Press Release – New Zealand Police

Criminals in New Zealand are more than $14.4 million poorer than they were at the start of 2017, thanks to a number of asset restraints and forfeitures carried out during the year by NZ Police. Read more »

Auditor General report highlights wasteful spending

Press Release – New Zealand Taxpayers’ Union

Heads should roll over an Auditor General report slamming school spending decisions around the country, says the New Zealand Taxpayers Union. Read more »

Capital gains tax may be on the horizon

Press Release – Crowe Horwath

Capital gains tax may be on the horizon with the new government With the new government reversing Nationals tax cuts in April 2018, the government has now announced the items that are on the tax agenda, and have also signalled other potential changes. … Read more »

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