Latest Taxation Headlines

Microsoft NZ and IRD officially at odds over tax

Mon, 19 Nov 2018 19:34:29 +1300 | BusinessDesk

Nov. 19 (BusinessDesk) - Microsoft New Zealand and the Inland Revenue Department are officially at odds after a lengthy audit of the software giant's local books. More >>

NZX and SIA say no capital gains tax on retail shares

Mon, 19 Nov 2018 16:38:43 +1300 | BusinessDesk

Nov. 19 (BusinessDesk) - Imposing a capital gains tax on investment in New Zealand shares runs the risk of discouraging direct retail investment, damaging the nation’s capital markets.More >>

More evidence a capital gains tax bad for NZ

Mon, 19 Nov 2018 16:22:22 +1300 | New Zealand National Party

A capital gains tax on everything from baches and KiwiSaver funds to direct investments in stocks and bonds will not only punish New Zealanders who have worked hard but could also drive our firms across the Tasman, National’s Finance spokesperson Amy ...More >>

PNG’s government is not fit to receive foreign aid

Mon, 19 Nov 2018 12:44:50 +1300 | New Zealand Taxpayers' Union

Winston Peters’ should have withheld aid for Papua New Guinea in light of the record of waste and corruption within that country’s government, says the New Zealand Taxpayers’ Union . More >>

Why are ratepayers funding Tinder for old folks?

Mon, 19 Nov 2018 12:42:55 +1300 | Auckland Ratepayers' Alliance

Why are ratepayers funding Tinder for old folks? 19 NOVEMBER 2018 FOR IMMEDIATE RELEASE The Auckland Ratepayers’ Alliance is swiping left on Orakei Local Board’s decision to grant $2,000 to educational programmes including an “ online dating workshop ...More >>

Hamilton-Auckland rail plan would cost $185 per person

Fri, 16 Nov 2018 12:33:09 +1300 | New Zealand Taxpayers' Union

A passenger service between Auckland and Hamilton requiring a reported $57.7 million in ratepayer and taxpayer subsidies works out as at least $185 per passenger per trip, calculates the New Zealand Taxpayers’ Union. More >>

Boat repair loan is just gambling with taxpayer money

Thu, 15 Nov 2018 12:55:46 +1300 | New Zealand Taxpayers' Union

Hon Shane Jones’ decision to loan $4.8 million to a Whangarei boat repair company is simply gambling with taxpayer money, says the New Zealand Taxpayers’ Union . Taxpayers’ Union spokesman Louis Houlbrooke says, “Oceania Marine is a private ...More >>

MYOB grabs top spot for new cloud-accounting customers

Thu, 15 Nov 2018 12:28:37 +1300 | MYOB

Accounting software company MYOB has released new figures showing it is now the fastest growing cloud-accounting business in Australia and New Zealand with 205,000 new subscriptions added in the 12 months to September 2018. It marks a remarkable transformation for ...More >>

New report on why sugar taxes don’t work to curb obesity

Thu, 15 Nov 2018 11:46:19 +1300 | New Zealand Taxpayers' Union

A new report from the New Zealand Taxpayer’ Union examines why the taxing of sugar-sweetened beverages around the world has failed to curb obesity More >>

Manawatu-Whanganui PGF spending is just picking winners

Thu, 15 Nov 2018 11:13:23 +1300 | New Zealand Taxpayers' Union

The Government should be delivering tax cuts to all businesses, not spending $48 million picking winners says the New Zealand Taxpayers’ Union, responding to the Government's announcement of Provincial Growth Fund spending in the region. The Union's ...More >>

Million dollar tax evasion couple sentenced

Wed, 14 Nov 2018 20:43:53 +1300 | BusinessDesk

Nov. 14 (BusinessDesk) - Paying employees under the counter, failing to declare cash sales and reporting substantial losses to avoid both company tax and GST has landed a Hastings couple with prison and home detention sentences for tax evasion ...More >>

Hastings restaurant owners sentenced for tax evasion

Wed, 14 Nov 2018 16:59:23 +1300 | New Zealand Inland Revenue

A Hastings couple, who operated dairies, restaurants and other businesses, have been sentenced to prison and home detention on tax evasion charges totalling nearly a million dollars.More >>

Higher spending in spite of higher petrol prices

Mon, 12 Nov 2018 07:52:20 +1300 | Paymark

The annual growth rate picked up in Auckland/Northland during October, rising to 5.1% which is above the 12-month average of 3.3%. Excluding petrol stations, the ex-fuel annual growth rate was also 5.1% and up on previous months, suggesting the ...More >>

Bell Gully acts on a significant tax avoidance win

Thu, 8 Nov 2018 17:24:37 +1300 | Bell Gully

Bell Gully represented Frucor Suntory New Zealand Limited in Frucor Suntory New Zealand Limited v Commissioner of Inland Revenue , a High Court decision which marks an important victory for New Zealand tax-paying entities on tax avoidance. More >>

Petrol prices the result of cosy political duopoly

Thu, 8 Nov 2018 08:58:58 +1300 | ACT New Zealand

Both major parties are barking up the wrong tree over high petrol prices, according to ACT Leader David Seymour. More >>

Govt’s tourism strategy – yet another tax

Wed, 7 Nov 2018 13:02:18 +1300 | New Zealand National Party

The Government should be doing all it can to ensure New Zealand reaps the benefits of the boom in tourism but the only firm decision in its draft tourism strategy is to impose another tax, National’s Tourism spokesperson Todd McClay says. “Support ...More >>

Every day is Public Service Day

Tue, 6 Nov 2018 16:26:21 +1300 | New Zealand Taxpayers' Union

Public servants, who earn 34 percent more than their private sector colleagues, need a pay-freeze not a celebration day, says the New Zealand Taxpayers’ Union . More >>

1 year since the Paradise Papers

Mon, 5 Nov 2018 13:51:55 +1300 | Tax Justice

Monday November 5, 2018 marks the one-year anniversary of the publication of the Paradise Papers , the gigantic release of leaked tax haven documents that made news around the world. More >>

Gordon Campbell on maximizing gains from the Avatar sequels

Mon, 5 Nov 2018 12:26:06 +1300 | Gordon Campbell

B y now, I’m sure we’ve all noted in our diaries the release dates (and alleged working titles) for all the Avatar sequels, but just in case… Avatar 2: The Way of Water is due in theatres on December 18, 2020 followed by Avatar 3: The Seed Bearer ...More >>

The biggest tax changes in a generation

Mon, 5 Nov 2018 10:29:25 +1300 | Inland Revenue Department

Today Inland Revenue kicks off a major public information campaign to tell New Zealanders what the biggest changes to the tax system in a generation will mean for them. More >>


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