Len Brown Gets a Tax Cut, While Average Rates Soar

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union are stunned that the annual rates bill of Auckland Mayor, Len Browns seven bedroom mansion in Totara Park has been decreasing at the same time as the average Aucklander is paying much more. Read more »

Government wipes off $5 billion in tax debt

Press Release – New Zealand Labour Party

Stuart Nash MP for Napier 11 January 2015 MEDIA STATEMENT Government wipes off $5 billion in tax debt Read more »

British Tories Pledge to Stop Sutton-Style Golden Handshakes

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is calling on John Key to follow British Prime Minister David Camerons pledge to ban six figure golden goodbyes for public sector workers. Read more »

Something may be left in Santa’s tax stocking

Press Release – New Zealand Labour Party

Something may be left in Santas tax stocking A significant number of hard working New Zealanders should take 10 minutes out of their holiday time to see if they are eligible for a tax refund, says Labour MP Stuart Nash. The IRD is holding around … Read more »

Chief Justice Pays Tribute To The Late Sir Ivor Richardson

Press Release – Chief Justice Sian Elias

Sir Ivor Richardson, who died on 29 December, aged 84 years, was a great New Zealander. He had an unparalleled influence on New Zealand law during his long tenure as a judge, law teacher, and adviser. Read more »

Transfield settles tax dispute over convertible notes

Article – BusinessDesk

Dec. 29 (BusinessDesk) – ASX-listed Transfield Services’ New Zealand unit is the latest company to join a growing list of firms cutting deals with the Inland Revenue Department over the use of mandatory convertible notes, a popular way to finance … Read more »

Hazardous drinking rates stable – Govt tinkering ineffective

Press Release – Alcohol Action NZ

The New Zealand Health Survey shows a minimal drop in overall hazardous drinking in New Zealand over the past seven years (from 18 to 16%) despite factors that should normal bring about a more substantial drop – an aging population, increasing immigration … Read more »

Pernod Ricard cuts deal over convertible note tax dispute

Article – BusinessDesk

Dec. 23 (BusinessDesk) – Pernod Ricard has joined the list of firms cutting deals with the Inland Revenue Department to settle tax disputes over the use of mandatory convertible notes, a popular way to finance trans-Tasman acquisitions in the 2000s. Read more »

Government Should Say No to Christmas Shake-Down

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is calling on the Government not to bail-out Sky City for expected cost overruns of the National Convention Centre. Taxpayers Union Executive Director, Jordan Williams, says: Read more »

Trustees need to be more aware of potential liabilities

Press Release – Crowe Horwath

It is important for potential trustees to weigh up the risks compared to the rewards when considering whether or not to accept a role on a trust, says Tony Marshall, Tax Advisory Principal for Crowe Horwarths Dunedin office. Read more »

“Rate, tax, borrow and toll” budget passes

Press Release – Cameron Brewer

Given the huge level of public dissatisfaction, its disappointing that a majority of councillors have voted for a typical centre-left budget which sees the hand coming out for much more money from Auckland households, rather than dialling back pet projects … Read more »

Misleading advertising promoting UK pension scheme transfers

Press Release – Financial Markets Authority

The Financial Markets Authority (FMA) is warning people to be cautious of potentially misleading and deceptive advertising about transferring United Kingdom pension scheme entitlements to New Zealand. Read more »

Tax assistance agreement to begin next year

Press Release – New Zealand Government

From next year a significant new measure for countering tax evasion will become available to Inland Revenue, says Revenue Minister Todd McClay. The Convention on Mutual Administrative Assistance in Tax Matters, signed in 2012, provides for administrative co-operation … Read more »

Ban on Alcohol Advertising Could Cost Taxpayer

Press Release – New Zealand Taxpayers’ Union

Responding to yesterday’s release of the report of the Ministerial Forum on Alcohol Advertising and Sponsorship, Jordan Williams, the Executive Director of the Taxpayers Union says: Read more »

Reverend who refused help is jailed for tax evasion

Press Release – Inland Revenue Department

An Auckland Reverend who deliberately ignored offers of help from Inland Revenue has been jailed after evading more than one million dollars of tax. Read more »

Public Submissions – Budget Policy Statement 2015

Press Release – Office of the Clerk

Public submissions have been called on the Budget Policy Statement 2015. The closing date for submissions is Monday, 2 February 2015. The Budget Policy Statement 2015 sets out the overarching policy goals that will guide the Government’s Budget decisions … Read more »

Fixing GST Loophole Will Help Reduce Deficit – Retail NZ

Press Release – Retail NZ

Retail NZ is advising the Government that it will get closer to a fiscal surplus by closing a loophole that gives foreign retailers the ability to sell to New Zealanders without paying GST and duty. Read more »

English: National is focussed on achieving surplus

Column – New Zealand National Party

The Treasurys latest economic forecasts, released today, anticipate a deficit in the current financial year despite sustained economic growth and more jobs being created. Read more »

New Zealand Government signals reversal of fortune

Press Release – PricewaterhouseCoopers

The Governments robust $372 million forecast surplus from Budget 2014 will turn into a $572 million deficit, according to the 2015 Half-Yearly Economic and Fiscal Update and the Budget Policy Statement released today. Imports are cheaper and good … Read more »

NCWNZ Wins Court Case

Press Release – Comvoices

ComVoices welcomes and celebrates the news that the National Council of Women of New Zealand (NCWNZ) has won its High Court case against Inland Revenue and the Charities Registration Board. Read more »

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