Latest Taxation Headlines

Fair tax for KiwiSaver funds a key election issue

Thu, 17 Apr 2014 17:38:23 +1200 | Financial Services Council

In this election year the parties need to say how they will reduce the unfair over-taxation of KiwiSaver funds that prevents most New Zealand employees from achieving a comfortable retirement.More >>

Tax conference to address simplification

Thu, 17 Apr 2014 13:21:09 +1200 | New Zealand Government

Revenue Minister Todd McClay has announced that simplification and modernisation will be the focus of the tax conference to be held in conjunction with Victoria University, on 12 and 13 June.More >>

Depreciation, buy Kiwi-made in Labour manufacturing policy

Thu, 17 Apr 2014 10:14:35 +1200 | BusinessDesk

April 17 (BusinessDesk) – The Labour Party has unveiled its pitch to the manufacturing sector, adding accelerated depreciation for advanced manufacturing and promising to target more government procurement from local firms.More >>

KiwiSaver tax rates need fixing, world’s ‘most punitive’

Thu, 17 Apr 2014 08:00:06 +1200 | BusinessDesk

April 17 (BusinessDesk) – New Zealand’s tax system heavily penalises KiwiSaver while offering massive tax breaks to property investors and needs to change, says savings lobbyist the Financial Services Council.More >>

Amalgamation benefits boost council savings

Wed, 16 Apr 2014 17:02:32 +1200 | Auckland Council

Improved economies of scale from the amalgamation of the eight local authorities have helped Auckland Council maintain services at reduced cost, says a council report on efficiency savings.More >>

Taxpayers’ Union Welcomes Key’s Rejection of ‘Fat Tax’

Wed, 16 Apr 2014 17:01:15 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union is welcoming Prime Minister John Key’s rejection of fat and sugar taxes ahead of this year's election. Jordan Williams, Executive Director of the Union, says:More >>

Labour Should Hit the Brakes on Motorhome Tax

Tue, 15 Apr 2014 17:27:44 +1200 | New Zealand Taxpayers' Union

Responding to the Ministry of Transport analysis of Labour’s new policy for taxing motorhomes, suggesting that motorhome owners would end up paying more for Road User Charges than they do today, Jordan Williams, Executive Director of the Taxpayers’ ...More >>

Local body tax idea ‘a bit rich’, says Key

Tue, 15 Apr 2014 08:55:30 +1200 | BusinessDesk

April 15 (BusinessDesk) – Prime Minister John Key made it clear he is no fan of a push by the local government lobby to be allowed to raise local taxes other than through property rates, saying the proposal is “a bit rich”.More >>

Capital Gains Tax not a solution

Mon, 14 Apr 2014 09:57:57 +1200 | NZ Property Investors Federation

Capital Gains Tax not a solution The association representing Kiwi landlords is disappointed the Labour Party is misleading the public about their proposed capital gains tax, which they plan to apply to all asset classes except the family home. Mr Cunliffe ...More >>

'Lunacy’ that property speculators get tax free capital gain

Sun, 13 Apr 2014 12:41:40 +1200 | TVNZ

Labour leader David Cunliffe: ‘lunacy’ that property speculators get tax free capital gain. Labour leader David Cunliffe told TVNZ’s Q+A programme that a Labour led government would impose a capital gains tax of 15% on realised gains from investment ...More >>

Taxpayer Paying Public Servants a Bonus for Joining a Union

Sun, 13 Apr 2014 12:39:16 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union is outraged that taxpayers are being forced to fork out bonuses to Parliamentary staff on the condition that they join a trade union. Taxpayers’ Union Executive Director, Jordan Williams, says “This is union welfare and a political ...More >>

National’s tax dodge

Sat, 12 Apr 2014 16:38:04 +1200 | New Zealand Labour Party

National’s insistence that it is cracking down on tax dodgers is little more than a bit of election year chest beating, Labour Leader David Cunliffe says. More >>

Taxpayers’ Union Welcomes Govt Clamp Down On Tax Dodgers

Fri, 11 Apr 2014 15:10:23 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union is welcoming the Minister of Revenue’s comments at the OECD Cash and Hidden Economy Conference today. The union's Executive Director, Jordan Williams, says: “The high returns from clamping down on tax evasion and avoidance ...More >>

Government clamping down on tax dodgers

Fri, 11 Apr 2014 14:14:52 +1200 | New Zealand Government

Speaking at the OECD Cash and Hidden Economy Conference today, Revenue Minister Todd McClay reiterated the Government’s commitment to clamping down on tax evasion and avoidance. “This is an area the Government has invested heavily in and we are ...More >>

Greens Ignore Evidence in Push for New Taxes on Fast Food

Fri, 11 Apr 2014 12:22:46 +1200 | New Zealand Taxpayers' Union

Responding to Green Party health spokesman Kevin Hague's calls for taxation, regulation and legislation on fatty food, Jordan Williams, Executive Director of the Taxpayers’ Union says: "Mr Hague is misleading New Zealanders in saying that evidence supports ...More >>

Taxpayer Funding For Development, Not Subsidising Golf Pros

Fri, 11 Apr 2014 12:20:10 +1200 | New Zealand Taxpayers' Union

Responding to today’s Fairfax report that golfer Lydia Ko is asking for more taxpayer support since turning pro than she received when she was an amateur, Jordan Williams, Executive of the Taxpayers’ Union, says: "Golf is one of the richest sports in ...More >>

Farmers back major Local Government NZ funding review

Thu, 10 Apr 2014 16:47:00 +1200 | Federated Farmers

Federated Farmers is fully behind a fundamental review by Local Government New Zealand (LGNZ) into the way local government and local roads are funded. More >>

First home buyers shut out as LVRs bite

Thu, 10 Apr 2014 11:28:44 +1200 | New Zealand Labour Party

The bad news continues for young Kiwis as the latest Core Logic report shows the proportion of first home buyers has declined since LVR lending restrictions came into force, says Labour’s Housing spokesperson Phil Twyford.More >>

Len Brown welcomes LGNZ review of rates

Wed, 9 Apr 2014 16:32:23 +1200 | Office of the Mayor of Auckland

Auckland Mayor Len Brown has welcomed Local Government New Zealand’s announcement of a review of local government funding, to find a more sustainable funding model for the future.More >>

Deloitte report a vote of confidence in tax system

Wed, 9 Apr 2014 13:54:21 +1200 | New Zealand Government

Revenue Minister Todd McClay has described Deloitte’s 2014 Asia Pacific Tax Complexity Survey Report as ‘a vote of confidence in New Zealand’s tax system’. “It has been the focus of this Government to continually refine the tax system, and ensure ...More >>

 

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