Latest Taxation Headlines
RMA reforms undermine communities and the environment
Tue, 13 Aug 2013 12:50:47 +1200 | Organic NZ
"Proposed changes to the Resource Management Act, announced last week by Environment Minister Amy Adams, could result in ratepayers picking up the tab for industry damaging our environment. This is highly immoral and undemocratic," says Debbie Swanwick, ...More >>
Welfare debt a bigger target than unpaid tax
Tue, 13 Aug 2013 09:40:54 +1200 | Victoria University of Wellington
New research from Victoria University shows government agencies are more likely to write off unpaid tax than welfare debt—even though the outstanding tax bill is almost six times larger.More >>
Royal Dutch Shell: They Really Have a Friend in Pennsylvania
Fri, 9 Aug 2013 11:43:04 +1200 | Walter Brasch
Royal Dutch Shell, which owns or leases about 900,000 acres in the Marcellus Shale, had a great idea. It wanted to frack the Ukraine. But, there was opposition. So, Royal Dutch Shell decided to create a junket for some of the Ukrainians opposed to ...More >>
Do in-work tax credits provide health benefits for parents?
Thu, 8 Aug 2013 12:27:09 +1200 | University of Otago
A just-published international systematic review has found a small and methodologically limited body of evidence which suggests that in-work tax credits such as the one applied in New Zealand since 2006, may have no discernible effects on the health ...More >>
Opening Address to Fundraising Institute of New Zealand
Thu, 8 Aug 2013 09:27:39 +1200 | New Zealand Government
A key way that Government has always supported the sector through the tax system is of course, financially, with: Income tax exemptions, FBT exemptions, And, of course tax incentives for charitable givingMore >>
Northey Achieves Fair Rates in Maungakiekie Tamaki
Wed, 7 Aug 2013 14:37:49 +1200 | New Zealand Labour Party
Maungakiekie Tamaki Auckland Councillor and Candidate Richard Northey has managed to advocate for lower rates increases in Maungakiekie-Tamaki despite pressure from the National Government for the same rating system across Auckland City which would ...More >>
New App Tames Tax Pain
Wed, 7 Aug 2013 13:46:59 +1200 | Tax Management New Zealand
Paying your provisional tax is now easier than ever with the new Pay My Tax app from the tax innovators, Tax Management New Zealand (TMNZ). More >>
Unite Union decries WINZ wage subsidy to McDonald's
Tue, 6 Aug 2013 14:25:40 +1200 | Unite Union
Unite Union is questioning the $270,000 paid by WINZ as a wage subsidy to McDonald's between July 2009 and June 2013. "This subsidy is only for the stores directly owned by the US fast food giant. 80% of stores in New Zealand are franchisee owned so the ...More >>
NZ and Viet Nam sign double tax agreement
Mon, 5 Aug 2013 17:16:04 +1200 | New Zealand Government
Revenue Minister Todd McClay has welcomed the signing today of a new double tax agreement between New Zealand and Viet Nam. The signing took place following official talks in Viet Nam between Vietnamese State President Truong Tan Sang and New Zealand’s ...More >>
Maungakiekie-Tamaki Rates Hike Too High
Mon, 5 Aug 2013 15:08:33 +1200 | Denise Krum
Council candidate for Maungakiekie-Tamaki Denise Krum is alarmed that the majority of households in her ward are facing a 5-10% rate increase. “Despite the Mayor assuring Auckland that the average increase is 2.9% for the year ahead, it’s simply ...More >>
Top Issues in the Revenue Portfolio
Fri, 2 Aug 2013 14:04:48 +1200 | New Zealand Government
Minister of Revenue, Todd McClay has today released Inland Revenue’s supplementary Briefing to the Incoming Minister (known as the BIM) that outlines the key issues facing the tax system.More >>
NZ Official Appointed to UN Tax Committee
Thu, 1 Aug 2013 15:15:16 +1200 | New Zealand Government
Revenue Minister Todd McClay has welcomed the appointment of Carmel Peters to the United Nations' Committee of Experts on International Cooperation in Tax Matters. More >>
Taxing the Digital Economy - KPMG
Thu, 1 Aug 2013 10:30:35 +1200 | KPMG
The ‘tax morality’ debate has held centre stage in tax circles for many months now, with some of the world’s largest multinationals facing intense scrutiny of their tax structures.More >>
No to Fat Tax – Yes To Diet and Exercise
Wed, 31 Jul 2013 12:49:52 +1200 | New Zealand First Party
Targeted campaigns to encourage healthy eating and regular exercise would be more useful than trying to impose an across the board “fat tax” to curb obesity, says New Zealand First health spokesperson Barbara Stewart.More >>
Rising Auckland House prices are really a tax issue
Tue, 30 Jul 2013 12:56:10 +1200 | New Economics Party
Rather than ban the buying of homes by people who pay tax in other countries it would be more sensible to impose on them a full ground rent on all urban and suburban properties, according to the New Economics Party. Spokesperson Deirdre Kent said ...More >>
Child support laws are changing
Mon, 29 Jul 2013 14:04:57 +1200 | Inland Revenue Department
From 1 April 2014, a new child support law may mean the amount of child support parents pay or receive could change. Programme Director, Geoffrey Frost, said that the reforms include a comprehensive new formula for calculating child support assessments based ...More >>
Inland Revenue welcomes court decision in tax evasion case
Fri, 26 Jul 2013 15:03:29 +1200 | Inland Revenue Department
Inland Revenue has welcomed the conviction of three businessmen in the Wellington High Court today involved in complicated and determined tax evasion schemes. More >>
Tax adviser Gilchrist found guilty in false invoicing scheme
Fri, 26 Jul 2013 13:47:38 +1200 | BusinessDesk
July 26 (BusinessDesk) – High-profile tax adviser and former Inland Revenue Department official Brent Gilchrist has been found guilty of six charges of helping orchestrate a fictitious invoice writing scheme that sought to route funds through Vanuatu as ...More >>
Rates rise insufficient to meet escalating Council spending
Fri, 26 Jul 2013 13:28:27 +1200 | John Palino
Auckland Mayoral candidate John Palino says the Mayor is no longer in control of the council and Auckland residents are heading towards large future rates increases. More >>
Working to help customers during a busy time of year
Fri, 26 Jul 2013 13:13:27 +1200 | Inland Revenue Department
Inland Revenue has acknowledged that increased demand on its contact centres so far this year has meant that people are experiencing delays when contacting the department by phone, or are not always able to get through on very busy days.More >>
