Myth busting Wellington City Council Rates

Press Release – Property Council Of New Zealand

Property Council research into rating policies in New Zealands main cities paints a bleak picture for Wellington commercial property owners. Read more »

Judgment: Skinner and Rowley v R

Press Release – NZ Supreme Court

This summary is provided to assist in the understanding of the Courts judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment and reasons … Read more »

Removal of Taniwha Tax Welcomed

Press Release – New Zealand Taxpayers’ Union

Removal of Taniwha Tax Welcomed 10 AUGUST 2016 FOR IMMEDIATE RELEASE The Taxpayers Union has welcomed Auckland Councils acceptance of the Independent Hearings Panel recommendations to abolish the Mana Whenua provisions from Aucklands Unitary Plan … Read more »

Public Money Helping Skycity Achieve Huge Profit

Press Release – New Zealand First Party

SkyCity is rolling in the money as their just announced $145.7 million net full-year profit shows, so why has the government been propping up this publicly listed casino company? says New Zealand First. Read more »

Ritchie Runway Referendum

Press Release – Helene Ritchie

Wellington Mayoral candidate and Former Chair of the Airport Authority (for 8 years) Helene Ritchie is calling for a runway referendum on the proposed rates funded $350 million (probably likely $500million) Airport Extension if the Environment Court … Read more »

Ratepayer Protection Pledge Proving Popular

Press Release – Auckland Ratepayers’ Alliance

The Auckland Ratepayers Alliance is welcoming the indication from the first round of candidates that will be singing its Ratepayer Protection Pledge guaranteeing that they will not vote for any rate or levy hikes exceeding 2% per year in the next … Read more »

EU says claims bloc targeting NZ over tax “misleading’

Article – BusinessDesk

Aug. 3 (BusinessDesk) – The European Union’s representatives to New Zealand say reports that the regional economic bloc is targeting the nation as a tax haven as “incorrect and misleading.” Read more »

Reports that EU is targeting NZ as a tax haven “misleading”

Press Release – Delegation of the European Union to New Zealand

Media reports that the EU is targeting New Zealand for investigation as a tax haven are incorrect and misleading. The EU is currently undertaking an assessment of all non-EU countries with regard to good governance standards on taxation policies. This … Read more »

Govt Starting to Listen on E-Cigarettes

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is welcoming the release of the Governments consultation paper on the legalisation of the sale of e-cigarettes containing nicotine. The pressure groups Executive Director, Jordan Williams, says: Read more »

Flippant foreign trust response damaging to NZ

Press Release – New Zealand Labour Party

The Prime Ministers flippant response to concerns New Zealand is a tax haven continues to damage our international reputation with the European Union now investigating foreign trust laws here, Leader of the Opposition Andrew Little says. Read more »

Treasury Release: Monthly Economic Indicators July 2016

Press Release – New Zealand Treasury

Key economic data releases in July point to stronger economic growth in the June quarter than expected in the Budget Economic and Fiscal Update . Business surveys point to robust economic activity, supported by stronger-than-expected export volumes … Read more »

New property data consistent with last quarter

Press Release – LINZ

New figures on property transfers and tax residency show similar levels of foreign tax resident property buyers as the previous quarter, says Land Information New Zealand (LINZ). Read more »

Latest property report shows similar trends

Press Release – New Zealand Government

Newly released figures again show overseas tax resident buyers and sellers are behind three percent of New Zealand property transfers, Land Information Minister Louise Upston says. Read more »

“No limits” parking comes into effect

Press Release – Palmerston North City Council

From Monday 1 August, all day parking in metered spaces will come into effect. Look for the $P All Day signs and park for as long as you like provided you pay. The Palmerston North City Council is trialling the no limits parking initiative until July … Read more »

A New Era Kiwisaver Plan Declares War on Fees

Press Release – Simplicity

The launch of a new nonprofit KiwiSaver Plan today declares war on high fees, and a new online era for New Zealands future retirees. Read more »

Mainfreight’s Plested gives recipe for NZ

Article – BusinessDesk

Mainfreight’s Plested gives recipe for NZ including capital gains tax, performance pay for teachers Read more »

Auckland Building Boom Has to Benefit Kiwis First

Press Release – New Zealand First Party

The government has to ensure the Auckland building boom works to the advantage of New Zealanders and not foreign workers and corporations, says New Zealand First. Read more »

Inland Revenue thrilled with response to eGST trial

Press Release – Inland Revenue Department

Filling in tax returns could soon be a headache of the past for small business owners on the strength of a successful recent pilot. Inland Revenue has been working with two major accounting software providers to trial the filing of GST returns. A survey … Read more »

Trustpower Limited v Commissioner of Inland Revenue

Press Release – NZ Supreme Court

Trustpower derives its income from retail sales of electricity. It generates about half of the electricity it sells and buys the rest from other generators. During the 2006, 2007 and 2008 tax years, it incurred costs totalling approximately $17.7m … Read more »

Supreme Court knocks back Trustpower’s appeal

Article – BusinessDesk

July 27 (BusinessDesk) – The Supreme Court has turned down Trustpower’s appeal to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. Read more »

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