Business Scoop


Loss-making firms to get R&D refunds in proportion

Article – BusinessDesk

July 12 (BusinessDesk) – Loss-making companies that invest in eligible research and development will be able to claim cash refunds in proportion to their payroll figures from the 2020/21 tax year. Read more »

Acting PM Peters rebuffs concerns over digital services tax

Article – BusinessDesk

July 12 (BusinessDesk) – Acting Prime Minister Winston Peters has dismissed concerns the US could threaten New Zealand with tariffs over proposed taxes for internet companies. Read more »

Berry grower should have got a bank loan

Press Release – New Zealand Taxpayers’ Union

Responding the announcement of a $2.37 million loan from the Provincial Growth Fund to a Northland berry farm, New Zealand Taxpayers Union spokesman Louis Houlbrooke says: Why couldnt this business get a loan from the bank? If no bank was willing … Read more »

Refundability supports R&D out of the gate

Press Release – New Zealand Government

The Government has announced improvements to its R&D Tax Incentive to ensure financial support reaches more businesses investing in new ideas, Minister of Research, Science and Innovation Megan Woods says. Read more »

Inland Revenue charging higher interest than banks

Press Release – New Zealand National Party

It is outrageous Inland Revenue has decided to raise the interest rate it charges taxpayers on unpaid and underpaid tax, while cutting the rate it pays those it owes money, Nationals Revenue spokesperson Andrew Bayly says. Read more »

New Plymouth District Council’s eye-watering flight expenses

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union can reveal that New Plymouth District Council was the fourth highest-spending council in the country when it game to air travel in the 2017/18 financial year. The Council spent $285,391 on flights, $256,235 of which was domestic, … Read more »

Taxpayers to Vice-Chancellor: Enough is enough

Press Release – New Zealand Taxpayers’ Union

The New Zealand Taxpayers Union is calling for the resignation of Victoria University Vice-Chancellor Grant Guilford over his deceitful use of a rebrand to push a name-change agenda that has already been rejected by students, alumni, and the … Read more »

Vehicle tax will penalise Kiwi motorists

Press Release – New Zealand National Party

The Governments plan to make some vehicles up to $3000 more expensive by taxing their emissions will unfairly penalise people struggling with the cost of living, Nationals Associate Transport spokesperson Brett Hudson says. Read more »

New vehicle tax leaves poor on the scrapheap

Press Release – New Zealand Taxpayers’ Union

The proposed penalty on gas guzzling vehicles is a painful, regressive tax, says the New Zealand Taxpayers Union . Taxpayers Union Executive Director Jordan Williams says, Lets be very clear: this is a tax on Otara vehicles to subsidise … Read more »

UPDATE: Mercury faces $2 mln charge after losing tax dispute

Article – BusinessDesk

(Updates to show Mercury’s extra tax charge in 1st, 4th & 5th paragraphs; corrects headline; updates share price in last paragraph.) Read more »

Property Council welcomes recommendation

Press Release – Property Council Of New Zealand

Auckland, New Zealand, 5 July 2019: Property Council believes the Productivity Commissions draft report on Local Government Funding and Financing includes some welcome changes, particularly with regard to the removal of differential rating for business. Read more »

Bed tax could encourage freedom camping

Press Release – Holiday Parks NZ

A bed tax on New Zealands holiday parks risks incentivising more people to freedom camp, Holiday Parks New Zealand is warning. Read more »

« Previous PageNext Page »