Latest Taxation Headlines

Single Child Tax hidden in Budget

Mon, 29 May 2017 09:44:53 +1200 | New Zealand Labour Party

Buried in National’s so-called family Budget is a Single Child Tax that will hit medium to low income families, says Labour Leader Andrew Little. More >>

Budget 2017 good news for Kiwi kids

Fri, 26 May 2017 14:45:39 +1200 | Office of the Children's Commissioner

The Family Incomes Package revealed in Budget 2017 has been welcomed by the Children’s Commissioner as good news for children living in families experiencing severe poverty. More >>

Widespread disappointment at company tax cut failure

Fri, 26 May 2017 14:02:45 +1200 | ACT New Zealand

Business groups and commentators have echoed ACT’s disappointment at the Government’s failure to cut company tax, to adjust the top personal tax threshold, and to index tax brackets to inflation.More >>

Slim pickings for Pacific people in Budget

Fri, 26 May 2017 13:32:07 +1200 | New Zealand Labour Party

Aupito William Sio MP for Māngere Pacific Island Affairs Interfaith Dialogue Assoc. Foreign Affairs (Pacific Climate Change) Assoc. Ethnic Communities More >>

The real costs of National’s election bribe

Fri, 26 May 2017 12:17:19 +1200 | New Zealand Labour Party

The cost of National’s poorly-targeted election year budget bribe is that there’s nothing to fix the housing crisis, health funding is cut, and funding for schools is cut, says Labour’s Finance spokesperson Grant Robertson.More >>

Nats’ budget a double-crewed ambulance at bottom of cliff

Fri, 26 May 2017 10:59:32 +1200 | New Zealand Labour Party

National’s election year Budget shows that there’s no coincidence Finance Minister Steven Joyce doubles as National’s campaign manager, says Labour’s Finance Spokesperson Grant Robertson.More >>

Budget 2017 reflects robust economy and a balanced approach

Fri, 26 May 2017 09:21:20 +1200 | Financial Services Council

Budget 2017 reflects New Zealand’s continued robust economy and shows a balanced approach, the Financial Services Council said today. More >>

Happy Budget Day: Joyce Gets His Rocket

Thu, 25 May 2017 17:40:41 +1200 | New Zealand Taxpayers' Union

New Zealand taxpayer funding of the US rocket company, Rocket Lab, appears to have delivered its responsible Minister, Steven Joyce, a suitable present – a successful rocket launch – on the same day as Mr Joyce’s first budget.More >>

Govt targets $100M/year from closing offshore tax loopholes

Thu, 25 May 2017 17:18:08 +1200 | BusinessDesk

May 25 (BusinessDesk) - The government expects to raise at least $250 million over the next three years from closing foreign tax loopholes exploited by both multi-national corporations and New Zealand companies with offshore activities.More >>

Budget Speech 2017

Thu, 25 May 2017 17:11:17 +1200 | New Zealand Government

I move that the Appropriation (2017/18 Estimates) Bill be now read a second time. More >>

Budget a Step in Recognising Some Kiwis Are Missing Out

Thu, 25 May 2017 16:13:07 +1200 | Salvation Army

“The Government appears to be listening to the growing voice of social need” is The Salvation Army assessment of the Government’s 2017 Budget. More >>

Budget 2017 reduces tax burden on innovation

Thu, 25 May 2017 16:09:37 +1200 | Deloitte

Proposals released to allow tax deductions for black hole feasibility expenditure Tax changes of one form or another can usually be expected to coincide with the release of the Budget each year. This year, we have seen the release of a Government discussion ...More >>

Budget 2017 – “More responsible than a pure lolly scramble.”

Thu, 25 May 2017 15:41:12 +1200 | Chartered Accountants Australia and New Zealand

Unsurprisingly for an election year, today’s Budget has something for everyone, says Peter Vial, New Zealand Country Head of Chartered Accountants Australia and New Zealand.More >>

Solid Budget that could have done more to stimulate economy

Thu, 25 May 2017 15:38:25 +1200 | BusinessNZ

BusinessNZ says the 2017 Budget does a good job of addressing Government priorities of maintaining surpluses, reducing debt and funding infrastructure and services, but fails to meaningfully improve tax settingsMore >>

Budget spend delivers in this election year

Thu, 25 May 2017 15:36:27 +1200 | CPA Australia

Budget spend delivers in this election year Global accounting body, CPA Australia said Minister Joyce had delivered a politically savvy budget that would give the National Government a strong platform in the lead up to the election in September. ...More >>

Tax Adjustments Good But Should Come Earlier

Thu, 25 May 2017 15:30:03 +1200 | Retail NZ

Retail NZ has welcomed the tax adjustments proposed in today’s Budget, but says they should kick in earlier. More >>

After nine years, it’s the One Dollar Bill Budget

Thu, 25 May 2017 14:54:26 +1200 | New Zealand Labour Party

After nine years, it’s the One Dollar Bill Budget National’s Budget 2017 is an irresponsible election bribe which after nine years exposes a government that’s run out of energy and ideas to tackle the big issues facing New Zealand,” says ...More >>

Corporate tax rate evades global gravitational forces

Thu, 25 May 2017 14:52:17 +1200 | Deloitte

New Zealand’s corporate tax rate evades global gravitational forces Budget 2017 focuses on a social cohesion and resilience dividend Budget 2017 bucked the global trend of chasing headline corporate tax rates down to attract and retain capital ...More >>

Budget 2017 forgets that companies exist and deserve tax cut

Thu, 25 May 2017 14:43:25 +1200 | ACT New Zealand

“While the countries we compare ourselves to around the world are cutting company tax rates, our Government does nothing,” says ACT Leader David Seymour. More >>

Budget embraces ‘communism by stealth’

Thu, 25 May 2017 14:41:39 +1200 | ACT New Zealand

“The boost to Working for Families is the perfect example of how National is abandoning its roots,” says ACT Leader David Seymour. More >>