Latest Taxation Headlines
New Paper On Effects Of Taxes, Benefits On Household Incomes
Tue, 19 Mar 2024 15:32:56 +1300 | New Zealand Treasury
The Treasury has published today a new Analytical Note by Tod Wright and Hien Nguyen, Fiscal incidence in New Zealand: The effects of taxes and benefits on household incomes in tax year 2018/19 . Analyses of the distributional impact of taxation and government ...More >>
MIA Welcomes Lower RUC Rate For PHEVs
Tue, 19 Mar 2024 14:30:48 +1300 | Motor Industry Association
The Motor Industry Association (MIA) welcomes the announcement by the Minister of Transport Hon Simeon Brown of a reduced road user charge (RUC) rate for plug-in hybrid electric vehicles (PHEVs) of $38 per 1,000km, or half the full RUC rate. Pending ...More >>
Minister Confirms Reduced RUC Rate For PHEVs
Tue, 19 Mar 2024 10:59:17 +1300 | New Zealand Government
Hon Simeon Brown Minister of Transport Cabinet has agreed to a reduced road user charge (RUC) rate for plug-in hybrid electric vehicles (PHEVs), Transport Minister Simeon Brown says. Owners of PHEVs will be eligible for a reduced rate of $38 per ...More >>
Taxpayers’ Union Stands Down From High Alert After Sleepless Night
Tue, 19 Mar 2024 10:38:04 +1300 | New Zealand Taxpayers' Union
The Taxpayers’ Union is welcoming comments from Christopher Luxon this morning recommitting to ‘no new taxes’ as part of Budget 2024. “Mr Luxon’s refusal at the Post-Cabinet press conference yesterday to repeat the ‘no new taxes’ promise ...More >>
Luxon Must Rule Out New Taxes, Not Adopt Labour’s Approach
Mon, 18 Mar 2024 17:31:58 +1300 | New Zealand Taxpayers' Union
Reacting to Prime Minister Christopher Luxon’s refusal to rule out introducing new taxes at the budget, Taxpayers’ Union Campaigns Manager, Connor Molloy, said: “Today’s refusal to rule out new taxes suggests the Government is nothing more ...More >>
Waititi Writes To Parties Asking Them To Support Removal Of GST From Food
Mon, 18 Mar 2024 14:04:48 +1300 | The Maori Party
Te Pāti Māori co-leader and MP for Waiariki, Rawiri Waititi has penned a letter asking MPs to support his members bill to remove GST from all food. The bill is expected to go through its first reading in parliament this Wednesday. “I’m calling on ...More >>
Grant Robertson Interview Demonstrates Why He Should Never Have Been Finance Minister
Mon, 18 Mar 2024 12:16:08 +1300 | New Zealand Taxpayers' Union
Responding to Grant Robertson’s recent admission on a Q+A with Jack Tame that his only regret from his time in office was that he didn’t take on more debt, Taxpayers’ Union spokesperson, Alex Murphy, said: “Grant Robertson has now admitted that he ...More >>
Expedia’s Exit From Market Shows App Tax Will Reduce Competition And Raise Prices
Fri, 15 Mar 2024 14:54:21 +1300 | Taxpayers' Union
The Taxpayers’ Union is urging the National Party to reconsider its decision to implement the App Tax it campaigned to repeal following reports that Expedia will remove thousands of accomodation providers from its platform when the new tax comes ...More >>
Government Delivering On Tax Commitments
Thu, 14 Mar 2024 14:49:02 +1300 | New Zealand Government
Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says.More >>
Contradictions In Tax Changes
Thu, 14 Mar 2024 14:01:45 +1300 | TrueNZ
The Prime Minister and various other Ministers (David Seymour & Simon Watts in particular) have been singing the praises of the restoration of interest deductibility for landlords as returning to fundamental taxation principles. There is a deafening ...More >>
Ruapehu Bailout Throwing Good Money After Bad, After Bad, After Bad, After Bad
Thu, 14 Mar 2024 10:35:36 +1300 | Taxpayers' Union
The Taxpayers’ Union is slamming the Government’s announcement to give Ruapehu Alpine Lifts (RAL) another $7 million in corporate welfare bringing the total value of taxpayer-funded handouts they have received to $27.35 million in just the past ...More >>
Taxpayers’ Union Slams Unbelievable Rates Hike From Greater Wellington Regional Council
Tue, 12 Mar 2024 18:43:04 +1300 | New Zealand Taxpayers' Union
Responding to Greater Wellington Regional Council's proposal to hike its rates by 19.8% for the 2024/25 financial year, Taxpayers Union spokesman, Alex Murphy, said: "Time and again we see councils come up with these ludicrous rates hikes to ...More >>
New Zealand Should Follow Australia’s Lead And Abolish Tariffs
Tue, 12 Mar 2024 10:25:02 +1300 | Taxpayers' Union
The Taxpayers’ Union is renewing its calls to abolish all tariffs following reports that Australia plans to unilaterally abolish nearly 500 of its tariffs. Taxpayers’ Union Campaigns Manager, Connor Molloy, said: “With the stroke of a pen, the Government ...More >>
Landlord Tax Cuts Cost Explodes – As Does Government’s Tax Plans
Mon, 11 Mar 2024 18:56:49 +1300 | CTU
Changes to taxation for landlords have blown out in cost and taken the Government's tax plans with them said CTU Economist and Director of Policy Craig Renney. “At the election, the National party claimed that the return of interest deductibility ...More >>
National’s Changes To Labour Trust Tax Bill Pathetic And Kicks Farmers
Mon, 11 Mar 2024 17:19:55 +1300 | New Zealand Taxpayers' Union
The Taxpayers’ Union is slamming the Finance and Expenditure Committee’s recommended changes to the proposed trust tax hike saying they barely touch the sides. Taxpayers’ Union spokesman, Jordan Williams, said: “The recommended $10,000 income de minimis ...More >>
Trustee Tax Change Welcomed
Mon, 11 Mar 2024 15:44:46 +1300 | New Zealand Government
Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says. More >>
Coalition Gives Tax Relief To Millionaire Landlords
Sun, 10 Mar 2024 17:53:17 +1300 | New Zealand Labour Party
The Coalition Government has today confirmed it is abandoning first home buyers who are struggling to get ahead, says Labour Finance spokesperson Barbara Edmonds. “When people are struggling with day-to-day expenses, the Government has decided ...More >>
Government Agrees To Restore Interest Deductions
Sun, 10 Mar 2024 13:41:59 +1300 | New Zealand Government
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties. “Help is on the way for landlords and renters alike. The Government’s ...More >>
Dunedin City Council’s 17.4% Rates Hike Unacceptable
Fri, 8 Mar 2024 11:18:36 +1300 | New Zealand Taxpayers' Union
Responding to Dunedin City Council’s proposal to hike rates by 17.4% for the 2024/25 financial year, Taxpayers’ Union spokesman, Alex Murphy, said: “The false argument that time and again gets thrown out by councils is that these monstrous rate hikes ...More >>
Auckland Ratepayers' Alliance Welcomes The Repeal Of The Auckland Regional Fuel Tax
Thu, 7 Mar 2024 11:19:56 +1300 | Auckland Ratepayers' Alliance
Commenting on the Government's repeal of the Auckland Regional Fuel Tax, Auckland Ratepayers’ Alliance spokesperson, Sam Warren, said: "This will be welcome news for Aucklanders struggling with fuel costs once this comes into effect on June ...More >>